MSP Procurement

Rajasthan's MSP drive expands as over 5 lakh farmers benefit from ₹8,191 crore in procurements, ensuring assured income and relief from market volatility.

The PSS comes into effect when market prices fall below the MSP, guaranteeing that farmers get a fair return for their crops

The Centre has procured a record 13.73 lakh tonne of soybean under the Minimum Support Price (MSP) scheme so far in the current marketing season, a senior agriculture ministry official said on Thursday. The procurement, undertaken to protect farmers from falling prices, has surpassed all previous records, with the last highest procurement being 19,483 tonne in 2018-19. "In soybean, we have achieved an all-time high procurement under PSS (Price Support Scheme). This was possible due to special efforts the ministry took to create awareness in states," the ministry official told PTI on condition of anonymity. The procurement represents 41 per cent of the total sanctioned quantity of 33.85 LT and has benefited 5.78 lakh farmers till January 13 of the 2024-25 kharif marketing season. The procurement is being carried out through nodal agencies Nafed and NCCF at a support price of Rs 4,892 per quintal across six states. Nafed has procured 9.78 lakh tonne, while NCCF has procured about 3.

The government on Friday announced an increase in the minimum support price (MSP) for copra by up to Rs 420 to Rs 12,100 per quintal for 2025 with a budget outlay of Rs 855 crore. A decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. The MSP for 'milling copra' has been increased by Rs 420 to Rs 11,582 per quintal, while for 'ball copra' by Rs 100 to Rs 12,100 per quintal for 2025, Information and Broadcasting Minister Ashwini Vaishnaw told reporters. The total financial implication would be Rs 855 crore. Cooperative agencies Nafed and NCCF will be the central nodal agencies for the procurement of copra, he added.

Union Home Minister Amit Shah on Wednesday said the Union Cabinet's decision to increase the MSP of six rabi crops will increase the income of farmers and they will become even more prosperous. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the price hikes for six rabi crops, with increases ranging from Rs 130 to Rs 300 per quintal for the 2025-26 marketing season beginning April 2025. "The Union Cabinet, led by Modiji, today approved the increase in MSP of rabi crops for the 2025-26 season. The MSP of rapeseed and mustard has been increased by the highest Rs 300 per quintal and the MSP of lentil has also been increased significantly by Rs 275 per quintal. These increased MSPs will enhance the income of farmers. Our farmers will become even more prosperous," Shah wrote on 'X' in Hindi. Thanking the prime minister, Shah said the Modi government is dedicated to the welfare of farmers and takes care of every concern they have. In ..

The government on Wednesday approved Rs 35,000 crore for PM Annadata Aay Sanrakshan Abhiyan (PM-AASHA) with an aim to provide remunerative price to farmers as well as stabilisation of market price for consumers. The decision was taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi, informed Union Minister Ashwini Vaishnaw. Giving details, the minister said the scheme is aimed at protecting farmers from distress sale during peak harvesting time. It will promote self-sufficiency in the production of pulses, oilseeds and other essential agri-horticulture commodities, increase farmers income and protect consumers' interest.

Leader of Opposition in Lok Sabha Rahul Gandhi on Tuesday met a delegation of the Samyukta Kisan Morcha and discussed several issues, including pressing the government for legal guarantee for MSP and freedom from indebtedness, sources said. The 11-member delegation met Gandhi at his office in the Paliament House complex here. Sources said the delegation briefed him about the issues the farmers were facing in the country and stressed the demand for legal guarantee for minimum support price (MSP) and pressing the government for it. Congress general secretaries K C Venugopal and Jairam Ramesh were also present during the meeting. A delegation of NGO Sarv Seva Sangh also met Gandhi. The meeting with Samyukta Kisan Morcha (SKM) delegation comes a couple of weeks after Gandhi had met another farmer delegation in the Parliament House complex. Gandhi has repeatedly asserted both inside and outside Parliament that the INDIA bloc is committed to ensuring legal guarantee for MSP. The INDIA

Contrary to popular perception, India has a trade surplus in agriculture and allied activities, which stood at $18.65 billion during 2022-23 against $15.92 billion in the previous year

As Centre proposes purchase of alternative crops at MSP, a look at why Punjab farmers are reluctant to diversify

Cooperation Minister Amit Shah will on Thursday launch a tur dal procurement portal that will enable farmers to register themselves for selling the commodity and receive payments directly into their bank accounts. The multi-lingual portal will streamline the entire process for tur dal growers in Maharashtra, Andhra Pradesh, Telangana, Gujarat, Karnataka and Jharkhand, simplifying the registration, procurement and payment processes. The portal will be launched at a national symposium on 'self-reliance in pulses' to be held here in the capital. Currently, the government procures various kinds of pulses including tur dal through agencies such as Nafed and NCCF for maintaining a buffer stock. "This farmer-centric initiative aims to empower tur dal producers with better prices through procurement, streamlined processes and direct bank transfers by NAFED and NCCF, thereby boosting domestic pulses production and reducing import dependence," an official statement said. Under this initiati

CM Yogi further noted that the efforts directed towards ensuring the easy availability of ration to every eligible family in the state with complete transparency have yielded positive results

Punjab Advocate-General Gurminder Singh on Tuesday took the court through the steps taken by the Punjab government to tackle the issue

Over 2,000 farmers from the interior areas of the worst Maoist-infested Narayanpur district will be selling paddy for the first time at MSP at the procurement centres

The members had expressed concern with India's "lack of full transparency" in taking recourse to the Bali Decision as well as in replies to certain questions raised in the Agri Committee

They also want legal Guarantee of MSP linked to District-wise Area Production Plan

After Centre made a U-turn on agriculture laws, farmers hailed the government's decision to look into their demand to legalise Minimum Support Price or MSP. But what exactly is MSP? Let's understand

With paddy crop lying in the field and prediction of a cyclonic storm soon to hit the Odisha coast, BJD on Friday appealed the central government to procure its surplus grain in interest of farmers

Procurement alone will not address farm woes

Procurement from Punjab, which is the hotbed of agitation, is expected to be around 13 million tonnes, slightly more than the actual procurement of this year

The sector did not get anticipated attention in Budget