Prime Minister Narendra Modi said on Tuesday the hike in the minimum support price of several Rabi crops will further energise the agriculture sector. The government on Tuesday hiked the minimum support price (MSP) of six Rabi crops by up to 9 per cent, with Rs 110 per quintal increase for wheat crop to boost domestic production and farmers' income. Wheat MSP has been raised by 5.45 per cent to Rs 2,125 per quintal from Rs 2,015 per quintal to encourage more area under the crop amid tight government stock position owing to low procurement, fall in production and higher exports. Modi noted that farmers are important partners in the country's development and said the government has approved increase in the MSPs of all essential Rabi crops, including wheat, lentils, and barley.
With the hike, the new MSP of wheat will be Rs 2,125 per quintal as against RS 2,025 per quintal earlier
The idea in itself is not new and previously several attempts have been made to involve private players in official procurement, most recently in oilseeds
In the ongoing Kharif marketing season in Punjab, Haryana, Chandigarh, Uttar Pradesh, Uttarakhand and Tamil Nadu, farmers have benefitted with minimum support price value of Rs 2,356.30 crore
The Bhupesh Baghel government had announced in July procuring arhar, urad, and moong at MSPs. Farmers will get Rs 6,600 per quintal for moong and urad, and Rs 7,755 per quintal for arhar.
Apart from unemployment, the withdrawal of the Electrical Reform Bill and implementation of the minimum support price (MSP) on commercial crops were among the major demands of the farmers
Meanwhile, the Samyuktha Kisan Morcha has written to President Dropudi Murmu in connection with their protest
Samyukta Kisan Morcha leaders on Tuesday opposed the upcoming meeting of the committee on Minimum Support Price, calling the panel a farce and said nothing conclusive will come out of the talks
Government encourages farmers to diversify crops, but doing away with imported oilseeds and pulses challenging
Punjab CM Bhagwant Mann, who attended the NITI Aayog's governing council meeting on Sunday, said that he raised the issues of farmers including MSP while adding that he was happy with the meeting
MPS's effective and transparent delivery has been part of multiple committees and reports. Many recommendations have been implemented and others put in cold storage
SKM should join the govt-appointed panel to shape agri policy
Farmers' grouping has also been roiled by factional disputes since year-long agitation was called off
The government has notified a committee to make "more effective and transparent" Minimum Support Price (MSP), eight months after it promised to set up such a panel
Representatives of agriculture universities and institutions have also been included in the panel. Joint secretary (crops) in the Ministry of Agriculture will be the member secretary in the panel
Tikait, who is on a three-day tour of Bihar, also urged Chief Minister Nitish Kumar to restore the system of "mandis" and rued the absence of strong farmer bodies in the state.
Seeks a permanent solution to the issue of public stockholding for food security
Biggest hikes were reserved for pulses, oilseeds
India was till last week headed to a record production but the heat wave that started in March and continued in April over northwest India is set to affect produce, especially in Punjab and Haryana
India can become a reliable grain exporter