Govt May Revise MSP for Minor Forest Produce
The Centre plans to change how minimum support prices work for minor forest produce, such as items collected from forests. The aim is to give periodic price hikes that help tribal communities who depend on this produce. TERI, a research body, has been asked to study the current MSP framework and assess possible changes.
Context
MSP, or minimum support price, is a floor price the government sets so sellers are protected when market prices fall. Minor forest produce covers items like honey, tendu leaves and gum that forest dwellers collect, and many of them come from tribal families.
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