SEARCHED FOR:MINIMUM SUPPORT PRICE
Government procures 98.19 lakh ton paddy at MSP for Rs 18,540 crore
The sanctions for procurement of 1.23 lakh tonnes of copra for the states of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala were also given.
Pulse prices likely to stay firm during festive season
Since the monsoon is showing signs of delayed withdrawal from Maharashtra and Karnatak...
Kasturi Cotton may help CCI increase exports, as Centre's MSP procurement expected to increase
The government has promised to double the inco...
Government buys 5.73 lakh tons of paddy at minimum support price in last 8 days
"As on September 3, cumulative procurement of paddy in the 2020-21 kharif marketing season is 5,73,339 tonne," the Food Ministry said in a statement. Paddy worth Rs 1,082.46 crore has been purchased at MSP from 41,084 farmers so far, it said.
View: The clamour…and silence…over MSP in the Farm Bills
The MSP system, in place since the mid-1960s, was part of the country’s drive to reduce dependence on food imports. It was an integral part of a package that included subsidized inputs meant to incentivize farmers to adopt new technologies and enhance farm productivity. The MSP was meant to protect farmers against price crashes that could occur with large harvests.
Hike in MSP of crops likely to raise prices of pulses, oilseeds
The price of moong and chana whose MSP was hiked by 6.3% and 4.6%, respectively, rose slightly in major wholesale markets of Mumbai, Indore and Delhi on Tuesday, said Suresh Aggarwal, president of the All India Dal Mills Association.
Centre hikes up rabi MSP by 6.3%, assures farmers of no dilution of minimum support prices
The government has raised minimum support prices (MSP) of the rabi, or winter-sown, crops by up to 6.3% and announced the new rates a month before it usually does to reassure farmers that the new laws on agriculture will not dilute MSP operations.
Agriculture Minister Tomar allays farmers’ fears, assures purchases at minimum support price
The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 were passed on Sunday after getting the nod from the Lok Sabha earlier in the week amid protests from Opposition. The bills will replace ordinances promulgated in June.
Refarming India in 2020: Why farmers need to move ahead and partake in a modern economy
During the Green Revolution, farmers embraced modern technology developed by agricultural institutions, and exhibited a willingness to adapt to change. A moment has come for the farmer community to make a choice yet again.
Centre announces start of rice procurement ahead of usual start date of 1 October
The ministry has also issued the uniform specifications of food grains for Central Pool procurement for the ensuing Kharif Marketing Seasons 2020-21.
MSP procurement of kharif paddy begins immediately in Punjab and Haryana: Centre
According to the ministry, state procuring agencies including Food Corporation of India (FCI) are in a state of readiness for smoothly undertaking procurement operations. The Centre has fixed MSP for 'common variety' paddy at Rs 1,868 per quintal and for 'A' grade variety at Rs 1,888 per quintal for the current year.
Minimum support price mechanism for farmers will continue: Agriculture minister Narendra Singh Tomar
The minister clarified that these bills would not have any impact on the Minimum Support Price (MSP) mechanism which will continue.
New agri bills will change farmers' fortune, says Agri Minister Tomar
The new laws for agriculture will significantly benefit farmers, and have absolutely nothing to do with the system of minimum support prices (MSP), which will continue, Agriculture Minister Narendra Singh Tomar said.
Cabinet approves MSP hikes for 6 rabi crops
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Monday approved the hike in the Minimum Support ...
Many farm leaders welcome agricultural reforms despite some resistance in Punjab and Haryana
The bills remove restrictions on sale and transportation of farm produce and allows them to enter into contracts with large buyers at an assured price.