Exploring Bihar government's advocacy for a minimum support price for Makhana in the Mithila region, discussing the impact of geographical indication status, profitability for farmers, and challenges like low yield and unorganized markets.
Makhana industry faces challenges from low yields and middlemen exploitation.
Streamlining the supply chain to connect farmers directly with value-adding companies is proposed for farmer welfare.
Deep dives
The Rising Popularity and Economic Impact of Makhana
Makhana, a humble seed from Bihar's Mithila region, gained a geographical indication tag in 2022, boosting its prices significantly. Its value surged during the pandemic, leading to a thriving industry worth 3,000 crore rupees, expected to double in the next few years. Marketed as a superfood, with various innovative snacks like flavored munchies and makhana pasta, the industry faces challenges due to low yields, unorganized markets, and exploitation of farmers by middlemen.
The Need for MSP and Supply Chain Streamlining for Makana Farmers
Although Bihar's government is advocating for an MSP to protect Makana farmers from exploitation, the effectiveness of MSP for farmers remains limited. The call for streamlining the supply chain to connect farmers directly with value-adding companies is highlighted as a more comprehensive solution. This could address farmers' concerns, improve income stability, and reduce the burden on the central government while enhancing market efficiency and farmer welfare.