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Page 18 - Msp

Will raising minimum support price necessarily lead to higher inflation?

High MSPs could raise food prices, fear experts; some analysts say there will be marginal, crop-intensive impact

Will raising minimum support price necessarily lead to higher inflation?
Updated On : 14 Apr 2018 | 10:19 PM IST

Govt's decision to give more MSP to farmers may impact consumers: ITC

Consumers might have bear a portion of Centre's proposed move to guarantee a Minimum Support Price (MSP) which would be 50 per cent more than the cost through higher prices in the fast moving consumer goods (FMCG) space, S Sivakumar, group head, Agri-business and IT of one of India's largest agribusiness player, ITC Ltd said. He said while companies might absorb a part of the additional cost, once revised MSPs are in effect, they would also have to pass on some of the extra burden to the consumers."Higher farmers' income as a national priority is good and need of the hour but it will definitely mean higher consumer prices. And how much higher will those prices be will depend upon the market dynamics and how perfect they are," Sivakumar said. Sivakumar who regularly advised government and others on range of policy issues related to agriculture and food sector said that in the immediate consumer prices of wheat and pulses could be impacted and pushed up due to Centre's decision to ...

Govt's decision to give more MSP to farmers may impact consumers: ITC
Updated On : 08 Mar 2018 | 2:21 AM IST

Budget's MSP proposal to bring cheer to four million jute farmers

Even by conservative estimates, the MSP of raw jute could touch Rs 45000 per tonne. The pricing estimate is after taking into account all operational costs, inputs and family labour

Budget's MSP proposal to bring cheer to four million jute farmers
Updated On : 09 Feb 2018 | 5:52 PM IST

Higher MSPs won't help: Budget 2018 has other steps to allay rural distress

MSPs for many crops are already higher than 1.5 times the paid-out costs and the estimated value of family labour

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Updated On : 07 Feb 2018 | 5:59 AM IST

Sitaram Yechury demands law on minimum support price for farm produce

"Current MSP for various crops barely provides any returns to farmer," Yechury said

Sitaram Yechury demands law on minimum support price for farm produce
Updated On : 15 Jun 2017 | 5:49 PM IST

Govt hikes wheat MSP by Rs 100/qtl; pulses by up to 550/qtl

CCEA has approved Rs 100 per quintal hike in wheat MSP to Rs 1,625 per quintal for the 2016-17 rabi crop against Rs 1,525 per quintal last year

Govt hikes wheat MSP by Rs 100/qtl; pulses by up to 550/qtl
Updated On : 15 Nov 2016 | 9:01 PM IST

Cabinet hikes paddy MSP by Rs 60 a quintal for 2016-17 crop year

The government had fixed the MSP of common variety paddy at Rs 1,410 for 2015-16 kharif (summer) season

Cabinet hikes paddy MSP by Rs 60 a quintal for 2016-17 crop year
Updated On : 01 Jun 2016 | 12:37 PM IST