CURRENT AFFAIRS

Detailed explanation-1: -Inclusion of 14 New Minor Forest produce items under the Mechanism for Marketing of Minor Forest Produce through Minimum Support Price scheme.

Detailed explanation-2: -Further, additional 47 MFP items have also been included in the list of MSP for MFP Scheme to expand the ambit and coverage of the scheme by the Ministry vide letter no. F.

Detailed explanation-3: -Minor Forest Produce (MFP) It includes all non-timber forest produce of plant origin. It also includes bamboo, fodder, leaves, canes, waxes dyes, gums, resins and many forms of food like nuts, honey wild fruits, lac, tusser etc. MFP It provides both subsistence and cash income for people living in or near the forests.

Detailed explanation-4: -The government of India sets the MSP twice a year for 24 commodities. This is done by the government to protect the farmers against a fall in prices in a year of bumper production.

Detailed explanation-5: -Section 2(i) of the Forest Rights Act defines a Minor Forest Produce (MFP) as all non-timber forest produce of plant origin and includes bamboo, brushwood, stumps, canes, cocoon, honey, waxes, Lac, tendu/kendu leaves, medicinal plants etc.