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WHEAT RICE MSP
Consumers unlikely to see major impact on food prices over next 2-3 months: Consumer Affairs SecyThe government is closely monitoring the prices of essential food commodities. At present, prices have remained stable and largely range-bo...- Government's foodgrain stocks hit 604 lakh tonnes, nearly three times buffer requirementIndia's food reserves are robust. Wheat and rice stocks in FCI godowns are nearly three times the mandatory buffer. This ensures ample supp...
- Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.
- SC seeks Centre’s response on plea over MSP linked to cost of cultivationThe Supreme Court is currently reviewing an appeal aimed at elevating the significance of state-led assessments of farming costs in the est...
- Govt's rice procurement reaches 55.8 million tonnes and wheat 26.2 million tonnes so farWheat procurement has reached 26.2 million tonnes so far in the 2023-24 rabi marketing year (April-March), more than the last year's total ...
- Centre says sufficient grain stocks available to meet demandsAbout 159 lakh tonne of wheat and 104 lakh tonne of rice will be available as on January 1, 2023, which is well above the respective buffer...
- Govt says it has sufficient foodgrain stocks to meet requirements of welfare schemesThe procurement of wheat would commence from April 2023 and as per initial assessment there has been a fair increase in the sowing of wheat...
- Farmers to partially benefit from MSP fixed at 1.5x of production cost: India Ratings & ResearchIn the analysis, agricultural gross value added/growth in minimum support price (MSP) of rice and wheat has been considered a proxy for an ...
- CCEA may approve extra PDS grain for three states from WednesdayCCEA is likely to approve tomorrow a proposal to allocate an extra monthly 62,300 tonnes of grains for supply through ration shops in Tamil...
- States not in favour of uniform tax on wheat/rice: Food MinistryThe Food Ministry is of the view that it was not possible to implement the Shanta Kumar-headed high-level committee's recommendation to imp...
- Centre asks states not to announce bonus on rice, wheat this yearIt also said the continuous mono-cropping is affecting soil health. Farmers are growing those crops on which states fix bonus.
- Rise in wheat MSP pushes Food Ministry's economic cost by 5 pcFood Ministry's economic cost of wheat -- amount incurred in procuring and storing the grain-- is set to rise by 5 pc to Rs 19,147 per tonn...
- Centre may crop kharif MSP, open field for cane & pulsesThe Centre must announce the MSP for kharif crops well before the sowing season in June to allow the farmer to make an informed and remuner...
- Grain & pulses prices stuck on high MSP floorFCI official estimates to have wheat stock of 10.4 mt by April 1, against the buffer norm of 4 mt during the period.
- Paddy buying rate may hit Rs 1,000 a qtlThe Centre is likely to peg the minimum support price (MSP) for paddy in the coming kharif season at Rs 1,000 or more per quintal.
- Wheat farmers unlikely to harvest bonus this seasonThere is no move yet within the government to announce a bonus for wheat as it may further fuel inflation.
- Lok Satta party demands hike in MSP for riceIncrease in the MSP for rice, from the current Rs 725 per quintal, has become a ticklish political issue in the state with political partie...
- Paddy bonus of Rs 40-50 per quintal on cardsThe Centre is mulling a bonus of Rs 40-50 per quintal for paddy procured in the forthcoming marketing season.
- Govt to hike MSP for wheat, riceAgriculture Minister Sharad Pawar on Friday promised substantial hike next year in minimum price the government pays to farmers for buying ...
- 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...
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