Market Intelligence and Early Warning System launched to monitor prices of TOP crops

Union Minister of Food Processing Industries has launched the– Market Intelligence and Early Warning System (MIEWS) Web Portal.

About the Portal

• It is a ‘first-of-its-kind’ platform for ‘real-time monitoring’ of prices of tomato, onion and potato (TOP) and for simultaneously generating alerts for intervention under the terms of the Operation Greens (OG) scheme.

The salient features of the MIEWS portal include:

1. A dashboard that would indicate the low price and high price alerts as well as price forecasts for 3 months forward.
2. Prices and arrivals of TOP crops across the country including interactive charts and comparisons with previous seasons
3. Area, Yield and Production of TOP crops
4. Crop Agronomy and Trade Profile of each of the TOP crops
5. Regular and special reports on the market situation of the TOP crops.

About the Operation Green

• It was announced in the budget speech of 2018-19 on the line of “Operation Flood”, to promote Farmer Producers Organizations, agri-logistics, processing facilities and professional management.
• Operation Greens seeks to stabilize the supply of Tomato, Onion and Potato (TOP) crops and to ensure availability of TOP crops throughout the country round the year without price volatility.
• NAFED will be the Nodal Agency to implement price stabilisation measures.

Objectives

• Enhancing value realisation of TOP farmers by targeted interventions to strengthen TOP production clusters and their FPOs, and linking/connecting them with the market.
• Price stabilisation for producers and consumers by proper production planning in the TOP clusters and introduction of dual-use varieties.
• Reduction in post-harvest losses by creation of farm gate infrastructure, development of suitable agro-logistics, creation of appropriate storage capacity linking consumption centres.
• Increase in food processing capacities and value addition in the TOP value chain with firm linkages with production clusters.
• Setting up of a market intelligence network to collect and collate real-time data on demand and supply and price of TOP crops.

PAPER-II