Page 7 - Minimum Support Price

Will not leave protest site before discussion on MSP, other issues: Tikait

Bharatiya Kisan Union (BKU) leader Rakesh Tikait on Monday said farmers will not leave the protest site unless a discussion on Minimum Support Price (MSP) and other issues are held

Of all farmers' demands, legalising MSP is tricky and highly complicated

With now one of their chief demands met, farmers have now moved on to force the government to concede on MSP

Govt should bring bill for providing legal guarantee for MSP: Manoj Jha

RJD leader Manoj Kumar Jha on Sunday demanded that the government should bring a bill to provide legal guarantee for MSP

Ceasefire by govt, not farmers, says Tikait demanding resumption of talks

BKU leader Rakesh Tikait on Monday hit out at the government, accusing it of trying to divide the farmers, and said it should talk to them to resolve their issues or else "we are not going away".

After farm laws' repeal, focus shifts to ensuring effective delivery of MSP

The agitating farmers said that they are not going to end their protest unless a firm guarantee on MSP is given to them

Govt's 'sinister' design to end MSP, food security, PDS to continue: Sidhu

Sidhu alleged even after the rollback of farm laws, the Centre's "sinister" plan to end assured price, food security for the poor, government procurement and public distribution system will continue.

Farm Laws: BKU hometown Muzaffarnagar shifts focus to minimum support price

With the promise of repeal of contentious farm bills secured, farmers in the UP's Muzaffarnagar have now trained their sights on a law for the Minimum Support Price (MSP).

Centre planning to end MSP, govt procurement, food security for poor: Sidhu

Reiterating that issues related to MSP are bigger than the farm laws, Sidhu alleged that Centre is planning to end MSP, Public Distribution System, government procurement and food security for poor

MSP bigger issue for farmers: Navjot Sidhu on repeal of farm laws

Sidhu on Friday said the minimum support price is the bigger issue than farm laws as it is the lifeline of farmers

Fencing farm risks

Ways must be explored to ensure reasonable returns

Govt can resolve farmers' agitation by MSP guarantee: Satya Pal Malik

Meghalaya Governor Satya Pal Malik on Sunday said that if the Centre would provide a Minimum Support Price (MSP) guarantee through a law, they can resolve the farmers' agitation against the farm laws.Pointing out that the agitating farmer would not compromise on less than the MSP guarantee law, Malik said that it is the only thing that farmers need."If the government (Centre) provide MSP guarantee through a law then it can be resolved (farmers' agitation against the three farm laws). There is only one thing so why are you (Centre) not fulfilling it? They (farmers) will not compromise on less than MSP," he said.Farmers have been protesting nationwide since November 26 last year against the three newly-enacted farm laws: Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020; the Farmers Empowerment and Protection) Agreement on Price Assurance and farm Services Act 2020 and the Essential Commodities (Amendment) Act, 2020.

Problem of plenty

Procurement alone will not address farm woes

In 6 years before Covid, India's average farm incomes rose 59% and debt 58%

Income varied between farming households disaggregated by size of land holding and between states.

Rural demand expected to get Rs 10,700-cr boost from bumper crops: Report

Rural demand is expected to get around Rs 11,000-crore boost from the record kharif harvest along with the marginal hike in minimum support price, according to a report by Care Ratings

MSP hikes need to be supplemented by higher yields, say experts

Business Standard looks at the MSP hikes of main rabi crops in the last 10 years and their percentage rise compared to previous years

Cabinet approves increase in MSP for all mandated Rabi crops for 2022-23

Oilseeds and pulses get higher MSP raise; MSP for wheat upped by 2%; barley 2.2%, gram 2.5%

Govt hikes wheat MSP by Rs 40 to Rs 2,015 per quintal for 2021-22 crop year

The government on Wednesday hiked the minimum support price for wheat by Rs 40 to Rs 2,015 per quintal and for mustard seed by Rs 400 to Rs 5,050 per quintal for the current crop year.

Govt procures record 89-mn tonnes of paddy for Rs 1.68 trn so far this year

The government has so far procured nearly 890 lakh tonnes of paddy, an all-time high, at MSP in the current marketing year ending September for around Rs 1.68 lakh crore.

Cabinet approves new palm oil mission with MSP-type benchmark assured price

The decision comes after Prime Minister Narendra Modi announced the new central scheme on August 15 during his Independence Day speech at Red Fort.

Govt procures record 43.33 MT wheat in 2021-22 rabi marketing season

The government has procured record 43.33 million tonne of wheat in the 2021-22 rabi marketing season, the Food Ministry said on Monday. Wheat marketing season is from April to March, but bulk of procurement is normally done in the first 3-4 months. The previous record was 38.99 million tonne (MT) in the 2020-21 rabi marketing season. "Hitting an all-time high, 43.33 million tonne of wheat has been procured from most of the wheat procuring states after conclusion of current marketing season 2021-22," the ministry said in a release. About 49.15 lakh farmers have already benefitted from the current procurement operations with an MSP (minimum support price) value of Rs 85,581.39 crore, it said. However, procurement of paddy grown in the kharif season of 2020-21 is still continuing. Kharif paddy is procured between October and September. The ministry said paddy buying is continuing smoothly and so far 86.98 million tonne of paddy has been purchased as against 75.92 million tonne in th