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Tag: minimum support price

Trouble in ‘soy State’: Madhya Pradesh soybean farmers lose interest over multiple factors

Posted on October 24, 2025 By admin
Trouble in ‘soy State’: Madhya Pradesh soybean farmers lose interest over multiple factors

Arvind Singh Rathore was born in 1989, which was the year before his grandfather, (late) Thakur Datar Singh Rathore, and his father, Thakur Santosh Singh Rathore, began cultivating soybean on their ancestral farmland in Muradpura, a village on the outskirts of Indore in Madhya Pradesh. The oilseed was quite new to farmers in this area…

Read More “Trouble in ‘soy State’: Madhya Pradesh soybean farmers lose interest over multiple factors” »

Business

Rahul Gandhi Meets Protesting Farmers Inside Parliament Complex

Posted on July 24, 2024 By admin
Rahul Gandhi Meets Protesting Farmers Inside Parliament Complex

New Delhi: Farmers pushing the government to revamp the MSP, or minimum support price, policy met Congress MP Rahul Gandhi inside the Parliament complex Wednesday morning. Mr Gandhi, who is also Leader of the Opposition in the Lok Sabha, met a delegation of 12 farmer leaders from Punjab, Haryana, Uttar Pradesh, Telangana, Tamil Nadu, and…

Read More “Rahul Gandhi Meets Protesting Farmers Inside Parliament Complex” »

Nation

RBI annual report 2023-2024: MSPs for kharif and rabi crops ensured minimum return of 50% over cost of production

Posted on May 30, 2024 By admin
RBI annual report 2023-2024: MSPs for kharif and rabi crops ensured minimum return of 50% over cost of production

Image for representation purpose only. | Photo Credit: K.R. Deepak The Minimum Support rices (MSPs) for both kharif and rabi seasons 2023-24 ensured a minimum return of 50% over the cost of production for all crops, said the Reserve Bank’s Annual Report released on May 30. The overall public stock of foodgrains as on March…

Read More “RBI annual report 2023-2024: MSPs for kharif and rabi crops ensured minimum return of 50% over cost of production” »

Business

Govt. should announce legally backed minimum procurement price for food crops, says Prakash Kammaradi

Posted on April 20, 2024 By admin
Govt. should announce legally backed minimum procurement price for food crops, says Prakash Kammaradi

Prakash Kammaradi, Agriculture Economist, at a press conference in Mangaluru on Saturday, April 20. | Photo Credit: H.S. MANJUNATH The government should announce legally backed minimum procurement price for food crops and the Congress and the BJP, two major political parties contesting the Lok Sabha elections, should make their commitment on the same clear, former…

Read More “Govt. should announce legally backed minimum procurement price for food crops, says Prakash Kammaradi” »

Business

Centre aims seven-fold jump in wheat procurement from Uttar Pradesh, Rajasthan, Bihar this year

Posted on April 5, 2024 By admin
Centre aims seven-fold jump in wheat procurement from Uttar Pradesh, Rajasthan, Bihar this year

Amid the heat of the ongoing Lok Sabha electioneering, the Centre has announced plans to significantly increase wheat purchase from non-traditional States of Uttar Pradesh, Rajasthan and Bihar and set a target of seven-fold jump in procurement to 50 lakh tonnes in the ongoing 2024-25 marketing year. Further, even as the ban on outbound shipments…

Read More “Centre aims seven-fold jump in wheat procurement from Uttar Pradesh, Rajasthan, Bihar this year” »

Business

Guaranteed MSP is an ethical imperative

Posted on March 19, 2024 By admin
Guaranteed MSP is an ethical imperative

The perennial issue of fair pricing of farm produce reigns supreme, now coupled with calls for legal assurances of Minimum Support Price. File | Photo Credit: PTI As the general elections draw closer, agrarian concerns have once again taken centre stage. Farmers from the heartland of the Green Revolution have travelled to the border of…

Read More “Guaranteed MSP is an ethical imperative” »

Business

Should Minimum Support Price be legalised?

Posted on February 29, 2024 By admin
Should Minimum Support Price be legalised?

On February 13, groups of farmers began a march to New Delhi, to press for fulfilment of their demands, which include a legal guarantee for purchasing crops at Minimum Support Price (MSP) and India’s withdrawal from the World Trade Organization (WTO) which, they allege, places pressure on the Centre for drafting policies for procurement and…

Read More “Should Minimum Support Price be legalised?” »

Business

Govt hikes wheat MSP by ₹150 per quintal to ₹2,275/quintal for 2024-25: I&B minister

Posted on October 18, 2023 By admin
Govt hikes wheat MSP by ₹150 per quintal to ₹2,275/quintal for 2024-25: I&B minister

Union Minister Anurag Thakur addresses the media during cabinet briefing, in New Delhi, on Oct. 18, 2023. | Photo Credit: PTI Ahead of assembly polls in key wheat growing states, the government on Wednesday announced an increase in the minimum support price (MSP) of wheat by ₹150 to ₹2,275 per quintal for the 2024-25 marketing…

Read More “Govt hikes wheat MSP by ₹150 per quintal to ₹2,275/quintal for 2024-25: I&B minister” »

Business

‘Crop shortages could quicken inflation following MSP hikes’ 

Posted on June 7, 2023 By admin
‘Crop shortages could quicken inflation following MSP hikes’ 

“In case of any shortfall in production of any crop, prices can increase at a faster rate and add to inflation.” | Photo Credit: MOHD ARIF The inflationary impact of the 5%–11% increase in the minimum support price (MSP) for farm produce will be an additional factor for the RBI’s Monetary Policy Committee (MPC) to…

Read More “‘Crop shortages could quicken inflation following MSP hikes’ ” »

Business

Centre hikes kharif crop MSPs, ₹143 increase for paddy

Posted on June 7, 2023 By admin
Centre hikes kharif crop MSPs, ₹143 increase for paddy

File photo used for representational purposes only. The Union Cabinet approved a ₹143 hike in the MSP of paddy to ₹2,183/quintal for 2023-24. | Photo Credit: Nagara Gopal The Centre has set the Minimum Support Price (MSP) for paddy sown in the kharif or monsoon season at ₹2,183 per quintal, a hike of ₹143 per…

Read More “Centre hikes kharif crop MSPs, ₹143 increase for paddy” »

Business

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