MSP HIKE IN INDIA
India's wettest monsoon in 25 years could lift 2020 wheat output to record
The country received monsoon rains during the June-September season that were 10% above average and the rainfall continued during October and November, increasing soil moisture levels required for crop sowing. Rainfall also lifted the water level in India's key reservoirs to 86% of capacity compared to 61% a year ago and a 10-year average of 64%.
Rice exports to squeeze due to MSP, scanty rains
To supplement farm income, the National Democratic Alliance (NDA) increased paddy procuremen...
Ethanol price hiked by up to Rs 1.84
The CCEA increased the prices of ethanol from ‘C’ heavy molasses and ‘B’ heavy molasses by 29 paise per ...
Jute stocks surge after CCEA hikes MSP
The government on Wednesday hiked MSP for raw jute to Rs 3,950 per quintal for 2019-20 season.
UP in favour of 12% hike in MSP for sugar to help farmers clear dues
This move can also help sugar mills clear the cane payment to farmers.
Modi 2.0 sets fast pace of decision making in 1st 50 days: Report card
Key steps have been taken by the Modi government for welfare on all fronts.
Committed to fiscal consolidation without compromising on expenditure:FM
Nirmala Sitharaman said economic growth was much a focus of Budget as was national security.
Share market update: Sugar stocks surge after government hikes sugar MSP
The NSE Nifty50 index was trading 89.30 points down at 10,656.75 while the 30share BSE Sensex was down 254.16 points at 35,622.06.
Centre wakes up to unspent funds under MSP, orders review of scheme
If the market prices fall below MSP, the state government agencies move in to procure the minor forest produce.
Cabinet approves higher minimum support prices for Kharif crops
Labour code on wages, proposal to lease out 3 airport projects to Adani also approved.
MSP hike in line with planned rural pitch
The aim is to “connect emotionally and rationally with stakeholders as the ministry reaches out to 70% of the country’s population” which comprises the rural beneficiaries.
MSP hike to boost farm income, spur growth: Assocham
The government's decision to hike the MSP for 14 khariff crops would boost farmers' income, resulting in a huge rural demand push to the Indian economy.
Decoding strike as a weapon for farmers and MSP as panacea
A tale of two strikes. ET examines the outcome of two farmer strikes, held a year apart and filled with aftershocks in the intervening period.
MSP hike to increase global price of cotton, rice
To fulfill its commitment of supplementing farmers’ income and address rising distress among farmers, the govt announced an increase in MSP of 14 kharif crops.
MSP hike may hit export competitiveness of non-basmati rice millers
The ability of the Indian rice millers to pass on the increase in the MSP would be constrained by the propensity of the importing countries to switch to cheaper substitutes.
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