Page 8 - Minimum Support Price

MSP increase not enough to make farmers shift from paddy and wheat

Wheat and paddy farmers unlikely to shift to water-thrifty crops without better return

Govt cheated farmers on Kharif MSP, says Congress

The Congress on Thursday said that farmers have been cheated again as the MSP doesn't give the price equivalent to the input cost

Govt hikes kharif MSP by up to Rs 452/quintal, maximum in pulses, oil seeds

Centre seeks to encourage farmers to move away from paddy to these crops as their domestic output is low and global prices have surged

Govt buys record 418.47 lakh tn wheat at MSP for Rs 82,648 cr this year

The Centre on Wednesday said it has procured a record 418.47 lakh tonnes of wheat so far in the current marketing year that started in April, costing exchequer Rs 82,648 crore. The record procurement of wheat has been achieved amid farmers' protests at Delhi borders since late November 2020. Farmer unions are demanding a repeal of three new farm laws and a legal guarantee of the Minimum Support Price (MSP). The Rabi marketing season (RMS) 2021-22 runs from April to March but the bulk of the procurement gets completed by June. "Procurement of Wheat in ongoing RMS 2021-22 is continuing smoothly in the procuring states of Uttar Pradesh, Bihar, Rajasthan, Gujarat, Himachal Pradesh and Jammu & Kashmir at MSP, as was done in previous seasons," an official statement said. Till June 8, the government has purchased 418.47 lakh tonnes of wheat as against 373.22 lakh tonnes in the corresponding period of the previous year. "About 46 lakh farmers have already been benefitted from the ongoing

Govt buys record wheat crop of over 40 mn tonnes at MSP for Rs 79,088 cr

The Centre on Friday said it has procured a record 400.45 lakh tonnes of wheat in the current marketing year that started in April, costing exchequer Rs 79,088 crore. The record procurement of wheat has been achieved amid farmers' protests at Delhi borders since late November 2020. Farmer unions are demanding a repeal of three new farm laws and a legal guarantee of the Minimum Support Price (MSP). Procurement of Wheat in ongoing RMS (Rabi Marketing Season) 2021-22 is continuing smoothly in Uttar Pradesh, Madhya Pradesh, Bihar, Rajasthan, Gujarat, Himachal Pradesh, and Jammu & Kashmir at MSP, as was done in previous seasons. Till May 27, a quantity of 400.45 lakh tonnes of wheat has been procured as against 353.09 lakh tonnes in the year-ago period. "About 42.36 Lakh farmers have already been benefitted from the ongoing RMS procurement operations with MSP value of Rs. 79,088.77 Crore," an official statement said. The procurement has exceeded the previous high of 389.92 lakh tonnes

Best of BS Opinion: Redeeming India, dual regulation is bad, and more

Here are the best of Business Standard's opinion pieces for Thursday

Results of reforms

Direct payment for crops will benefit farmers

Ahead of kharif sowing season, govt allows free import of 3 types of pulses

Move aimed at controlling the spiralling prices of pulses; all consignments have to come by Nov 30, before the new local crops arrive

Chana prices fall below MSP in several major mandis: Check details here

Chana production is expected to be over 11.6 million tonnes this year

Adityanath govt to buy wheat directly from farmers from April 1-June 15

The Yogi Adityanath government in Uttar Pradesh will purchase wheat directly from farmers from April 1 to June 15 under the Minimum Support Price Scheme

Cabinet mulls hiking minimum support price for procuring raw jute

The Union Cabinet is believed to have considered a proposal to raise the support price for procuring raw jute during its meeting on Wednesday, according to sources.

States pull out a stock of sops and promises to woo the disgruntled farmer

What's on offer: Separate agricultural budgets, free water, stepped up direct transfers and a lot more

Govt MSP purchases chiefly driven by poor market prices the past few years

In other words, it is political compulsion, not political expediency, that has prompted the Centre to lift higher quantities of grain, pulses and other farm commodities

The twists and turns of the farm laws

While most of these need-based measures were mooted by the Swaminathan Commission, these were incorporated into the country's first-ever National Policy for Farmers, brought out by the UPA in 2007

E-payment of MSP will not affect 'arthiyas' of Punjab, Haryana: Govt

In Punjab and Haryana, the Centre and state agencies procure their quota of foodgrain largely through a network of mandis and middlemen

Centre directs Punjab, Haryana to make online MSP payment from next season

Centre plans to monetize assets of Food Corporation of India and Central Warehousing Corp, says union minister Piyush Goyal

India's MSP operations are WTO-compliant: Union Minister Piyush Goyal

Goyal on Tuesday said the minimum support price (MSP) operations being conducted by the country are completely compliant with the rules of the WTO

Give chance to agriculture reforms, MSP to stay: PM Modi to farmers

Narendra Modi said that the MSP will continue and so will the monthly ration scheme to 800 million people

Paddy procurement at MSP up 18% at 61.4 mn tn valuing nearly Rs 1.16 trn

Paddy procurement at MSP has risen by 18% so far this kharif marketing season to 61.4 mn tonnes, amid farmers protest at Delhi-borders against three new agri marketing reform laws

MSP regime has assured 1.5 times more price to farmers: Nirmala Sitharaman

Sitharaman on Monday said that the Minimum Support Price regime has undergone a change to assure price to farmers that is at least 1.5 times the cost of production across all commodities