Page 14 - Minimum Support Price

Centre may use mix of schemes to ensure most farmers get MSP benefits

The NITI Aayog, in a concept note floated a few months back, had suggested three models of procurement

The MSP imbroglio

Traders can't be coerced to buy grains at govt mandated prices

Full implementation of MSP can push fin system under stress: Rangarajan

The government recently hiked the minimum support price for paddy by a steep Rs 200 per quintal as it looked to fulfil its poll promise

Farmers' groups plan 4-month agitation to oppose Centre's MSP hike

Demand MSP linked to C2 formula instead of A2+FL; will hold 400 meetings across the country to counter govt's 'false promise'

MSP hike in Kharif crops may dent India's farm exports in long term

Long term potential holds good on sustained focus on supply improvement

Farm distress, MSPs and UBI

Universal basic income as a concept is still a work in progress and needs much debate and elaboration. Its acceptance would be fraught with political risks

A right to sell at MSP: CACP wants legislation to ensure farmers benefit

The government's price-fixation panel backs legalising farmers' right to sell at MSP

Steep hike in kharif MSPs may cost govt Rs 350 billion

Cabinet decision comes ahead of assembly polls in some key states

Experts see 50-90 bps hike in inflation on MSP move; CPI may rise by 70 bps

It is difficult to gauge the impact of the hike in MSP on government finances

Cold comfort

Higher MSP for kharif crops is not enough

PM Narendra Modi holds meeting on new agri-procurement models to ensure MSP

Prime Minister Narendra Modi today discussed about the financial implication of the proposed procurement mechanism to ensure that farmers get MSP if market prices fall below the government's benchmark rate.In his Budget 2018 speech, then finance minister Arun Jaitley had announced that think-tank Niti Aayog in consultation with central and state governments will put in place a fool-proof mechanism to ensure farmers get benefit of the minimum support price (MSP).According to sources, senior officials of Niti Aayog made a presentation before the Prime Minister on the proposed procurement mechanism and its financial implication.Niti Aayog has proposed that the states should be given the option of three models -- Market Assurance Scheme (MAS), Price Deficiency Procurement Scheme (PDPS) and Private Procurement and Stockists Scheme.Sources said that the Centre may to have bear Rs 12,000-15,000 crore annually to compensate farmers in case prices fall below the MSP in all crops except rice ...

How a sharp hike in MSP may hurt export worthiness of Indian farm goods

Indian cotton and paddy could see their competitiveness in international markets take a hit

Kharif crop minimum support prices to be in place next week

This price will not only be higher than the FRP of the 2017-18 season, but will also incentivise those farmers whose recovery from sugarcane will be higher than 9.5 per cent

Raising minimum support price may pose inflation challenge for govt

The ruling party, though, is all set to cash in on the MSP announcement clubbed with the other pro-farmer measures of the government

FinMin presses agri ministry for reworking MSP procurement models

Govt says excessive financial burden might be difficult to sustain in the long run

States prefer costly MSP scheme but high cost may deter adoption

Centre will bear a share of expenses and states will have operational freedom

Govt may spend Rs 120-150 bn to support states on procurement of farm goods

Budget hasn't specifically allocated any amount for the same but resources can be arranged through supplementary demand for grants in 2018-19, the official said

Jaitley's cost price-based MSP formula to cost Rs 115 bn for 4 crops: SBI

The wheat MSP of 2016-17 season which is around Rs 1,625 per quintal was used for the calculation by the SBI Chief Economist

MSP calculations will not include imputed land rent, says Arun Jaitley

The cost will include all paid expenses plus imputed value of family labour (FL), but not imputed land rent

Farmers not getting minimum support price for their crops: Radhamohan Singh

The Agriculture Minister said consultations were on with states and the NITI Aayog to find out how a better system can be established