Between FY13 and FY19, the government of India raised MSP of various agricultural commodities by 40-70 per cent
Pressure exacerbated by increasing labour costs, interest on working capital, land, plant and machinery
Government's decision to increase MSP consistently had raised cost of procuring
India consumes around 24-25 million tonnes of pulses, but sowing trends show this year production is expected to be lower compared to last year
The government's rice and wheat stocks in the central pool as of June 1 was estimated to be around 74.14 million tonnes
Daily arrivals in the key markets have fallen to a combined 1,500-3,000 bags this month, from 8,000-12,000 bags at this time a year before
On February 14, the government had announced a 7% increase in the minimum support price to Rs 31 per kg from Rs 29 for sugar
There are about 20,000 farmers in the national capital
Higher MSPs for minor forest products won't help
The private sector is not very inclined to participate in procurement as it is not commercially viable for them
India reported production of 25.23 million tonnes (MT) of pulses during FY 2017-18 against 14.66 MT in FY 2009-10, an increase of 72.10%
MSP-based procurement policy has outlived its utility
The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes
The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes
The government had announced the hike in MSPs in July for the summer or the kharif crop
For many crops, the MSP increase is lower than the rise in production cost
The US accused Indian agricultural subsidies to be "vastly in excess", according to this June 2018 note from the International Centre For Trade and Sustainable Development
Industry not happy with MSP of Rs 29 a kg fixed in June, wants Rs 34 in order to meet hike in cane FRP
Procurement to start on November 1; payment to be made on-line in farmers' bank accounts
Issues like lack of storage space for foodgrains other than white and rice and the likely losses in MSP operations are some of the issues that might prevent private players from coming forward