The policy will help stabilise apple prices in the local market by reducing the oversupply of cheap imported apples
The central government has introduced the Minimum Import Price (MIP) for apples, a move that has been widely celebrated by local farmers. This decision aims to protect the interests by preventing tax-free imports of apples from other countries, ensuring a level playing field for the local apple industry.
According to the policy, any apple costing less than Rs 50 per kg cannot be imported, effectively levelling the playing field for local farmers and providing a much-needed boost to the local apple industry. The introduction of MIP brings several benefits to the apple growers of Jammu and Kashmir. The policy will help stabilise apple prices in the local market by reducing the oversupply of cheap imported apples. This stability will enable local farmers to fetch better prices for their produce, thereby improving their profitability and income.
Additionally, the MIP will boost the overall morale of the apple farming community, as they will no longer have to fear losing the market share to imported apples that enjoy an unfair price advantage. The news of the government’s decision to implement the MIP has been met with widespread relief and optimism among J&K apple growers.
