 "Farmers in a spot as FCI halts pulse purchases under MSP")
Government-owned food grains procurement agency, Food Corporation of India (FCI), has suspended purchase of pulses from farmers under the minimum support price (MSP) operations for the current season.
The FCI claims that it had surpassed the pulse procurement target fixed by the Ministry of Consumer Affairs in the beginning of the season and is now looking for ways to dispose its stock. Farmers, however, are feeling trapped as pulse prices continue to slump, falling over 25 per cent below the minimum support price (MSP) in the open market. As against an MSP of Rs 5,050 a quintal, tur is
The FCI claims that it had surpassed the pulse procurement target fixed by the Ministry of Consumer Affairs in the beginning of the season and is now looking for ways to dispose its stock. Farmers, however, are feeling trapped as pulse prices continue to slump, falling over 25 per cent below the minimum support price (MSP) in the open market. As against an MSP of Rs 5,050 a quintal, tur is
