Page 7 - Msp

Punjab farmers go on 3-day protest over flood compensation, MSP

Police official Balvir S Ghuman said that massive security has been deployed to deal with the situation

Centre may raise rabi crop MSP by 2-7% for 2024-25 marketing season

An official was quoted as saying that MSP for wheat and Masur in the next season could be hiked by around 7 per cent to Rs 2,275-2,300 and Rs 6,425-6,450 a quintal, respectively

India's critical minerals' list likely to spur investment in allied sectors

The businesses will start investing initially. But for their requirements in the long term, experts expect joint ventures with global extracting, processing, and manufacturing companies for now

JCI plans e-auction jute trading platform to modernise supply chain

Jute Corporation of India (JCI) on Friday said it was working on an e-auction platform in jute trading to modernise the supply chain of the environment-friendly fibre. The Corporation said it was geared up for MSP (minimum support price) operation for the upcoming jute season beginning July 1, with its extensive network spread over eight states. JCI Chairman and Managing Director Ajay Kr Jolly said they are working on the finer details and ironing out the complexities involved in the e-auction system. The platform is expected to be owned and managed by JCI. Jolly said the Corporation has 110 purchase centres operated by it and will engage about 500 extended purchase centres in association with cooperatives and NGOs in eight states. This year, the MSP for reference grade of TD3 has been raised by Rs 300 to Rs 5,050 per quintal in the 2023-24 season. In the 2022-23 jute season, the corporation has already procured 5.6 lakh quintals, which is the highest in the last five years, Joll

Sunflower seed agitation in Haryana brings MSP problem to the fore again

The sunflower seed agitation in Haryana brings the problem of MSPs and their administration to the fore again

Farmers end protest in Pipli after assurance of 'appropriate price'

Farmers protesting over the MSP for sunflower seeds at Pipli in Haryana's Kurukshetra called off their agitation on Tuesday night after an assurance from the state government of "appropriate price" for the crop. Bharatiya Kisan Union (BKU) leader Rakesh Tikait said after fresh talks with the district administration in the evening, the farmers have ended the protest and the national highway blockade in Pipli has been lifted. Kurukshetra Deputy Commissioner (DC) Shantanu Sharma told PTI that farmers have been assured of "appropriate price" for sunflower crop. Sharma said the Haryana government always stands by farmers. "Either by increasing (crop) rate or 'bhavantar' rate, it is the Haryana government's decision to ensure right price of the crop and we will do this," he said. The DC also said Chief Minister Manohar Lal Khattar had promised setting up of a unit for processing 20,000 metric tonnes for sunflower in Shahabad and it will soon be fulfilled. Talking to reporters here, Tika

Tur, urad, masur: Tracking pulses as India preps for kharif season

Monsoon may see climate phenomenon, but country has enough stocks of chana

Farmers threaten agitation if sunflower is not procured at MSP in Haryana

With farmers at 'mahapanchayat' threatening agitation if sunflower is not procured at MSP in Haryana, wrestler Punia extended support

Farmers gather in Haryana for MSP on sunflower crop, release of leaders

BKU leader Rakesh Tikait, who is expected to reach the protest site Pipli in Kurukshetra district, has already threatened a larger agitation than the year-long protest

MSP announced by Modi govt inflicting losses on farmers, says AIKS

The All India Kisan Sabha (AIKS) on Thursday slammed the Centre over the recently announced MSP for the Kharif Season, and alleged that it is inflicting "huge losses" on farmers. The Union government on June 7 announced the Minimum Support Prices (MSP) for the Kharif Season 2023-24. "The MSP announced is unfair, belies the hopes of the farmers and inflicts huge losses on their incomes. Rather than doubling farmers' incomes as claimed by Prime Minister Narendra Modi, rising input costs coupled with unfair MSP will push large sections of the farmers, especially the small, marginal, middle farmers as well as tenants into indebtedness," the AIKS said in a statement. AIKS President Ashok Dhawale said the government has not kept its promise that the MSP will be given according to the Swaminathan Commission recommendation of C2 (production cost definition) plus 50 per cent. "It still remains a 'chunavi jumla' (unfulfilled election promise). Not a single crop has its MSP fixed as per this

MSP increase to impact CPI inflation by 10-12 basis points, says RBI

'Banks have been cautious. I think there is still some amount of liquidity sitting there', said Das

Farmers protest for MSP; Congress dubs Centre, Haryana govt anti-farmer

The Congress on Wednesday slammed the BJP governments at the Centre and Haryana, accusing them of being "anti-farmer" and breaking their promises every day.

Farmers block national highway near Shahabad on sunflower MSP issue

A large number of farmers on Tuesday afternoon blocked the national highway near Kurukshetra's Shahabad, demanding that government should procure sunflower seed at the MSP. The farmers blocked the Delhi-Chandigarh NH near Shahbad after a call was given by BKU (Charuni) chief Gurnam Singh Charuni. The protesting farmers claimed that the government was not buying sunflower seeds at the minimum support price, and as a result, they were forced to sell their produce to private buyers at around Rs 4,000 per quintal against Rs 6,400 MSP. Charuni said the government should procure the sunflower seeds at the MSP of Rs 6,400 per quintal. The protesters said they had given the government time till Monday, but their demand was not heeded. The farmers gathered at the protest site and crossed police barricades and blocked the NH, with some bringing their vehicles laden with sunflower seeds. Police had to divert traffic through other routes and link routes after the protesters blocked the ...

Despite hoping for better prices this season, rain dampens farmers' returns

Growers are staring at lower margins due to unexpected downpour during the March harvest. However, the FCI has come to their rescue

29% uptick in Madhya Pradesh farmers registering to sell wheat at MSP

Among other major wheat producers, procurement in Punjab is targeted at 13.2 mt, Haryana at 17.5 mt, and UP at 3.5 mt

Cabinet on Economic Affairs approves MSP for raw jute for 2023-24 season

The MSP of raw jute (TD-3 equivalent to earlier TD-5 grade) has been fixed at Rs 5,050 per quintal for 2023-24 season

Lift mustard futures ban, raise import duty: Trade body to Centre

The associations said the measures were extremely necessary to stop the free fall in mustard seed prices

Farmers stop onion auction at Lasalgaon APMC over drop in prices

In the wake of a consistent drop in the onion prices, angry farmers stopped the auction of the key kitchen staple on Monday at Maharashtra's Lasalgaon Agriculture Produce Market Committee (APMC), Asia's biggest onion market. The price per kilogram of onion came down to Rs 2 to Rs 4, which angered the growers. A representative of the onion growers said the government should immediately declare a grant of Rs 1,500 per quintal of onions and purchase their produce at Rs 15 to Rs 20 per kg, or else they will not let the auction resume at the Lasalgaon APMC, located in Nashik district. As soon as the auction process began as the market opened for the week on Monday, onions fetched a minimum price of Rs 200 per quintal, the maximum rate of Rs 800 per quintal and an average price of Rs 400-450 per quintal. As a result, the angry farmers led by the Maharashtra Rajya Kanda Utpadak Sanghatana stopped the auction of onions and started an agitation. On Saturday 2,404 quintal onions arrived at

Chana, mustard likely to trade around MSP, wheat much above it

The MSP of mustard for 2023-24 is Rs 5,450 per quintal

Budget 'betrays' farmers, no mention of MSP: SAD MP Harsimrat Kaur Badal

Shiromani Akali Dal MP Harsimrat Kaur Badal on Thursday accused the Centre of "cheating" farmers and said there was no mention of Minimum Support Price, as promised to the protesting farmers, in the Union Budget 2023-24. Participating in a debate on the budget in Lok Sabha, the former Union food processing industries minister said farmers were sitting at Delhi borders for months, but no central ministers visited them. "Farmers were at Delhi borders for a year... 800 farmers lost their lives, did any minister visit them?" she asked. "The government asked the farmers to end their protest and promised them a law on Minimum Support Price (MSP). It is not even mentioned in the budget," she said. Badal said words like 'aatmanirbhar' (self-reliant) and 'achche din' (good days)were missing from the budget. "The budget has new 'jumlas' (gimmicks), new names, and neither unemployment nor inflation were mentioned. But the biggest betrayal is to the farmers," she said. "The government is pat