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RATIONALIZATION OF MSP
Govt set to tweak MSP norms for periodic price hikes of minor forest productsThe Centre is planning to restructure the minimum support price mechanism for minor forest produce. This change aims to provide periodic hi...- DMEO to evaluate decentralized procurement of wheat and paddy under the Minimum Support Price (MSP) schemeThe Development Monitoring and Evaluation Office, under the NITI Aayog, has invited bids from consultancy firms to support in the evaluatio...
- MSP can only guarantee stable price not best rate, says Niti Aayog member Ramesh ChandSpeaking on the demand of farmer groups to make MSP a legal right, Chand noted that cultivators want it to get the best price for their pro...
- Govt's paddy procurement reaches 741.62 lac tons so far in 2021-22 seasonThe Centre has procured 741.62 lakh tonne of paddy in the ongoing 2021-22 marketing year so far at the minimum support price (MSP), Union F...
- Paddy procurement reaches 707.24 lakh tonne in 2021-22 season: Food Ministry"Till now, about 96.41 lakh farmers have been benefited with an MSP value of Rs 1,38,619.58 crore," the ministry said in a statement. A qua...
- View: Minimum Support Price, a tricky tool from the pastTwice a year, the agriculture ministry announces MSP for all kharif (autumn) and rabi (spring) crops. The reasoning here is that MSP is off...
- No rise in food grain prices for poor covered under NFSA: Piyush GoyalThe Economic Survey said that as the food subsidy bill is “becoming unmanageably large” and while it is difficult to reduce the economic co...
- MSP tha, MSP hai aur MSP rahega, assures PM ModiPM Modi also said that the need of the hour is to improve the lives of the country's small farmers and the ruling National Democratic Allia...
- Won't allow business over hunger; need law on MSP: Rakesh TikaitThe Bharatiya Kisan Union spokesperson's comments came soon after Prime Minister Narendra Modi's address in the Rajya Sabha during which he...
- Aadhaar to ensure farmers, not middlemen, get benefitsGovernment to begin a pilot project in four districts of Odisha this kharif harvest.
- Agriculture crisis, lack of jobs: Focus of congress manifestoIt also promised immediate intervention for families affected by chit fund scams, prohibition in non-tribal areas, immediate absorption in ...
- Union Cabinet approves new crop procurement policy, ethanol price risePrime Minister Narendra Modi had announced a new procurement policy in July shortly after the government announced the biggest ever hike in...
- Government may announce Rs 10,000 crore scheme to ensure MSP to oilseeds growersUnder the proposed scheme, the government will pay to farmers the difference between the MSP and monthly average price of oilseeds quoted i...
- MSP scheme better than farm loan waiver: SBI research reportAs per SBI Ecowrap report the combined cost for wheat, paddy, bajra and maize will be less than Rs 11,500 crore.
- FM Arun Jaitley reveals formula for fixing MSP 50% over production costFM had announced in the Budget earlier this month that the government will fix the MSP of Kharif 2019 crops at least 1.5 times than the cos...
- Government to save Rs 1,600 crore a year in foodgrain procurement post GSTOnly GST is being levied on procurement and not state taxes, resulting in 18% reduction in taxes on foodgrain procurement, Minister Ram Vil...
- Tamil Nadu government hikes MSP for paddyThe Tamil Nadu government today announced enhancing the MSP for paddy for the current year's kharif season.
- Govt may import wheat yet againThere is a strong chance that India will again import wheat this year. The food ministry to decide on wheat imports by the last week of Feb...
- Wheat support price by month endThe Centre is likely to announce the MSP for wheat for the ’06-07 season by September end or early October, to synchronise with the early s...
- Ministry sets face against Cotton Corp divestmentThe Textile Ministry has said that it is opposed to the disinvestment commission's proposal to privatise the Cotton Corporation of India , ...
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