Question : MARKET STABILIZATION FUND



(a) whether the Government propose to set up Rs. 1000 crore Market Stabilization Fund for crops such as Coffee, Tea and Rubber;

(b) if so, the details thereof;

(c) whether the Govt. propose to include Tobacco in the above list; and

(d) if not, the reasons therefor?

Answer given by the minister


MINISTER OF COMMERCE & INDUSTRY(SHRI E.V.K.S.ELANGOVAN)

(a) to (d) There is no proposal to set up a Rs. 1000 crore Market Stabilization Fund for crops such as Coffee, Tea and Rubber. However, the Government has already established a Price Stabilisation Fund for the benefit of small growers of tea, coffee, rubber and tobacco, with a corpus of Rs.500 crore.