Kerala becomes the first state to fix floor price for vegetables Kerala becomes the first state in the country to fix the floor price for vegetables. The floor price will be 20 per cent above the production cost of the vegetable. Even if the market price goes below the floor price, the product will be procured at the floor price from the farmers. This is the first time in the country that the floor price is being fixed for vegetables produced in the state. Important takeaways for all competitive exams: Chief Minister of Kerala: Pinarayi Vijayan; Governor: Arif Mohammad Khan.