A decision in this regard was taken in the cabinet meeting, headed by Prime Minister Narendra Modi
The central govt is believed to be in an advanced stage of announcing a 'Bhavantar' (price differential) scheme, to directly pay growers the difference between the current price and MSP
The amendment has also done away with the process of the requirement of separate licenses considering the entire state as a single market
MSPs mean nothing without a procurement system
Hiking paddy MSP by almost Rs 200 per quintal, as against Rs 80 per quintal last year, is of electoral value in major parts of eastern India
In the analysis, Ind-Ra looked at the agricultural gross value added in MSP for rice and wheat as a proxy for agricultural growth
A right to MSPs for farmers is impractical
NDA government fulfils its budget promise of providing MSP at 1.5 times cost
Farm wages have been stagnant, contracting by 1.5% in 2015-16 and growing 1.7% in 2016-17
The minister said the government has increased the MSP of Kharif (summer-sown) crops substantially and farmers community are now happy with this decision
A third of FMCG and durable sales come from rural areas and an uptick in rural consumption augurs well for these FMCG businesses, analysts tracking the market said
The new MSP for paddy had been fixed at Rs 1,750 per quintal. With the bonus, farmers in Chhattisgarh would be eligible to get Rs 2,050 for a quintal of yield that they would sell to the government
Sugar industry hoping cane acreage to settle at comfortable levels to prevent glut
During election campaigning in 2014, Modi promised steep hikes in MSPs and the doubling of farmers' income soon after becoming prime minister
Swaminathan said the economic and ecological health of agriculture was not good, and that was clear from the massive protests by kisan organisations and the re-occurrence of farmer suicides
MSP hike insufficient for pulses; Centre's procurement may decide sowing prospects next season
The government hiked the minimum support price for paddy by a record Rs 200 per quintal for 2018-19. It will cost the exchequer over Rs 150 bn
Coarse cereals MSP may see big rise, ragi MSP to rise by 900/qtl
The sample size of 8,100 farmers across 19 states has not changed in the last three decades, and the methodology of the sample survey too remains unchanged
The new guidelines for organic farming will come up for discussion