An alternative agenda for farm support
6 years, 6 months ago

An alternative agenda for farm support

Live Mint  

In the last four years, Indian agriculture has clocked an average annual growth rate of a mere 2.5% against the economy’s growth rate of 7.2%. Countering low farm-gate prices through hefty MSP increases has failed time and again due to the limited reach of the government’s procurement mechanism and the lack of adequate and timely budget support. The Telangana government’s recent Rythu Bandhu scheme, which gives land-owning farmers ₹ 4,000 per acre before a crop season to meet input expenses, is both popular and promising in its approach—it doesn’t distort markets. Illusionary price signals from MSPs or the current season’s realization should not be the primary basis for the cropping decisions of Indian farmers. This needs stable trade policies; ad hoc trade policies and abrupt restrictions on exports preclude farmers from releasing export profits, besides preventing traders from developing reliable international trade relations.

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History of this topic

Agri ministry plans to launch price compensation scheme for all crops, including vegetables; states to take final call
3 months, 3 weeks ago

Agri ministry plans to launch price compensation scheme for all crops, including vegetables; states to take final call

Live Mint  

New Delhi: The government is planning to compensate farmers for the losses they suffer when the prices of produce fall substantially below the minimum support price, or MSP. According to the scheme, when the market price of a farm produce—whether grains, pulses or vegetables—falls below the MSP, the Union government will cover up to 15% of the price difference. States …

Fresh push for law to guarantee crop support prices
6 months ago

Fresh push for law to guarantee crop support prices

New Indian Express  

Farmers’ organisations have been lobbying to bring in guaranteed minimum support prices through private member bills. The ‘non-political’ breakaway of the Samyukta Kisan Morcha and the Kisan Mazdoor Sangharsh Morcha, who have substantial support in Punjab, Haryana, Rajasthan and Uttar Pradesh, have parleyed with several non-NDA MPs to move the needle during the upcoming budget session of parliament. A legislative …

Farmers to petition Opposition MPs for private members’ bill on MSP guarantee
6 months, 1 week ago

Farmers to petition Opposition MPs for private members’ bill on MSP guarantee

The Hindu  

The Samyukta Kisan Morcha, which is spearheading an agitation for the welfare of farmers, will be submitting a memorandum to the Opposition MPs on July 8 seeking the introduction of a private members’ bill demanding a law on Minimum Support Price guarantee and complete waiver of farm loans. The president of the Federation of Karnataka Farmers’ Associations Kurubur Shanthakumar, who …

MSP hike likely to benefit FMCG, auto, banking and consumer stocks
6 months, 3 weeks ago

MSP hike likely to benefit FMCG, auto, banking and consumer stocks

Live Mint  

Union Cabinet announced MSP hike for 14 Kharif crops for 2024-2025 season, aiming to boost farmers' incomes and rural economy. Moreover, the banking sector is likely to see positive effects from the higher income levels among farmers, which could lead to increased deposits and credit uptake in rural areas. {{^adFree}} {{/adFree}} Notably, FMCG and auto stocks have been trending higher …

Centre clears new minimum support price for 14 Kharif crops
6 months, 3 weeks ago

Centre clears new minimum support price for 14 Kharif crops

Hindustan Times  

The Narendra Modi government on Wednesday approved the minimum support price on 14 Kharif crops, Union minister Ashwini Vaishnaw announced. The Narendra Modi government on Wednesday approved the minimum support price on 14 Kharif crops Vaishnaw said that after today's decision, the farmers will get around ₹2 lakh crore as MSP. The minister said the Centre had a clear policy …

Farmers’ demand timely supply of agricultural inputs
7 months, 2 weeks ago

Farmers’ demand timely supply of agricultural inputs

The Hindu  

The Bangaaru Vaickal Neeradhara Koottamaippu, a water users’ association, has sought the intervention of the Lt. Governor to ensure timely supply of agricultural inputs to farmers during the Sornavari season. In a memorandum to Lt. Radhakrishnan and other officials, V. Chandrasekhar, president of the association, said that though the harvesting of paddy had commenced, the Department of Agriculture had not …

Guaranteed MSP is an ethical imperative
9 months, 3 weeks ago

Guaranteed MSP is an ethical imperative

The Hindu  

March 20, 2024 01:53 am | Updated 12:00 pm IST As the general elections draw closer, agrarian concerns have once again taken centre stage. This constitutes a ‘market failure.’ Thus, MSP ensures that agricultural commodity prices remain above a predetermined benchmark to facilitate remunerative price discovery. The Karnataka Agricultural Price Commission has laid out a clear roadmap, including potential financial …

Explained: Five unfounded objections against minimum support price
10 months, 1 week ago

Explained: Five unfounded objections against minimum support price

The Hindu  

Published : Mar 08, 2024 16:21 IST - 5 MINS READ A series of objections are frequently raised against the farmers’ demand for an MSP. The dumping of such produce in Indian markets and the Indian government’s own actions such as export bans and import policies distort the market against the interests of the farmers. ‘Food will become unaffordable if …

Reimagine MSP regime to secure farm future
10 months, 1 week ago

Reimagine MSP regime to secure farm future

Hindustan Times  

Early in my career, a Punjab farmer, upon my asking why he sowed paddy despite having to search deeper every year for water, said, “I will sow what you want, you just assure me a reasonable return.” That year, on a trip to Haryana, I asked a poultry farmer and an aggregator who procured from him how government policies facilitated …

Should Minimum Support Price be legalised?
10 months, 2 weeks ago

Should Minimum Support Price be legalised?

The Hindu  

On February 13, groups of farmers began a march to New Delhi, to press for fulfilment of their demands, which include a legal guarantee for purchasing crops at Minimum Support Price and India’s withdrawal from the World Trade Organization which, they allege, places pressure on the Centre for drafting policies for procurement and MSP. One of the most important demands …

Sledge-hammering farmers not the answer to MSP, debt waiver woes
10 months, 3 weeks ago

Sledge-hammering farmers not the answer to MSP, debt waiver woes

New Indian Express  

Unremunerative prices The current round of farm protests are a continuum of the 2021 agitations that resulted in the repeal of the 3 farm laws. It was well articulated more than 4 decades ago by the Maharashtra farm leader Sharad Joshi who formed the Shetkari Sanghatana to demand remunerative prices for a variety of crops. In the current imbroglio, the …

Lok Sabha elections: Congress vows to bring law guaranteeing MSP for crops if I.N.D.I.A bloc voted to power
11 months ago

Lok Sabha elections: Congress vows to bring law guaranteeing MSP for crops if I.N.D.I.A bloc voted to power

India TV News  

In a significant development, Congress president Mallikarjun Kharge, along with senior leader Rahul Gandhi made a notable announcement on Tuesday. They declared that the I.N.D.I.A bloc would bring a legislation ensuring Minimum Support Price for various crops, if the Opposition alliance is voted to power in the upcoming Lok Sabha elections. The Minimum Support Price is a form of market …

Ignoring an agricultural sector in distress
11 months, 1 week ago

Ignoring an agricultural sector in distress

The Hindu  

February 02, 2024 12:44 am | Updated 07:51 am IST The report released by the Finance Ministry and the vote-on-account presented by the Finance Minister are concerned more about portraying a glowing image of the government than about the financing plans for 2024-25. The fall of incomes from cultivation was not only owing to the stagnation or fall of agricultural …

APRSSS demands MSP, farm loan waiver
1 year, 5 months ago

APRSSS demands MSP, farm loan waiver

Deccan Chronicle  

VIJAYAWADA: The Karmika-Karshaka Rashtra Sadassu held in Vijayawada on Sunday demanded central legislation to provide minimum support price for farm produce, cancellation of Electricity Amendment Bill 2020 and waiving of agricultural loans. Former MP Hannan Mollah, social activist Medha Patkar and former minister Vadde Sobhanadreeswara Rao spoke. Addressing the seminar, All India Kisan Sabha vice president Hannan Mollah said they …

Explained | Will a hike in MSP help farmers?
1 year, 7 months ago

Explained | Will a hike in MSP help farmers?

The Hindu  

June 12, 2023 10:47 pm | Updated 10:48 pm IST The story so far: Last week, the Centre announced the Minimum Support Price for this year’s summer season crops, hiking prices between 5-10% from last season, “to ensure remunerative prices to growers for their produce and to encourage crop diversification.” A section of farmer representatives have expressed unhappiness over what …

Government announces hike in MSP for Kharif season
2 years, 7 months ago

Government announces hike in MSP for Kharif season

The Hindu  

The Union Cabinet on Wednesday hiked the minimum support price for paddy by ₹100 per quintal for the 2022-23 Kharif season. At a press briefing after a meeting of the Union Cabinet, Information and Broadcasting Minister Anurag Thakur said that Indian agriculture had scaled new heights in the last eight years because of the Modi government’s beej se bazar tak …

An MSP scheme to transform Indian agriculture
2 years, 11 months ago

An MSP scheme to transform Indian agriculture

The Hindu  

The ongoing struggle of farmers is not for political power. MSP could serve, in principle, three purposes — price stabilisation in the food grains market, income support to farmers, and also as a mechanism for coping with the indebtedness of farmers. The price stabilisation policy for food grains in India evolved over time, first with the Essential Commodities Act in …

MSP as Legal Guarantee is a Made-for-disaster Proposal, Will Lead to Market Collapse
3 years ago

MSP as Legal Guarantee is a Made-for-disaster Proposal, Will Lead to Market Collapse

News 18  

The farmer groups are all set to converge to decide how to take forward their demand for MSP as a legal guarantee. They do not want the government to procure all the crops but just pay the differential between market price and MSP to farmers. The farmer groups are not saying that they want the government to procure at MSP, …

What is Minimum Support Price, or MSP?
3 years ago

What is Minimum Support Price, or MSP?

Business Standard  

MSPs are the prices at which the government procures certain crops from farmers to insure them against any sharp fall in prices. Based on the recommendations of the Commission for Agricultural Costs and Prices, the government declares MSP after considering the views of state governments and Central Ministries/Departments concerned for agricultural crops such as cereal, pulses, oilseeds and commercial crops …

Not Guaranteed MSP, an Agriculture Export Policy Can Increase Farmers’ Income
3 years, 1 month ago

Not Guaranteed MSP, an Agriculture Export Policy Can Increase Farmers’ Income

News 18  

The longest agitation of farmers is not just to repeal the three farm laws but also against the frustration built over the decades due to poor financial gains in the agriculture sector. A legally mandated MSP regime is likely to be neither feasible nor sustainable in the long term whereas the missed big opportunity is an export-led agricultural revolution to …

Explained | What will a legal guarantee of MSP involve?
3 years, 1 month ago

Explained | What will a legal guarantee of MSP involve?

The Hindu  

The story so far: After a year-long agitation on the borders of Delhi, protesting farm unions under the banner of the Samyukt Kisan Morcha have achieved their headline demand, namely the repeal of three contentious laws seeking to reform the storage and marketing of agricultural produce. In a letter to Prime Minister Narendra Modi, the SKM said MSP based on …

What’s Next after Repeal of Three Farm Laws? Bring Guaranteed MSP Act to Boost Farm Income
3 years, 1 month ago

What’s Next after Repeal of Three Farm Laws? Bring Guaranteed MSP Act to Boost Farm Income

News 18  

It is a confrontation that has no meritorious justification because there is none for putting the cart before the horse! For over a year, farmers have been protesting against the Centre’s three controversial farm legislations, which Prime Minister Narendra Modi announced will now be repealed. Now, the time has come to repeal and replace these three farm laws with the …

Committee to be formed to make MSP more effective, promote zero budgeting-based agriculture: Prime Minister Narendra Modi
3 years, 1 month ago

Committee to be formed to make MSP more effective, promote zero budgeting-based agriculture: Prime Minister Narendra Modi

Firstpost  

The Committee will have representatives of the central government, state governments, farmers, agricultural scientists, and agricultural economists, Modi said Prime Minister Narendra Modi on Friday announced that a committee will be formed to take decisions on the subjects of promoting zero budgeting-based agriculture, changing crop patterns as per the changing needs of the country, and to make MSP more effective …

Are ‘remunerative’ MSPs boosting rural demand?
3 years, 7 months ago

Are ‘remunerative’ MSPs boosting rural demand?

Hindustan Times  

On June 9, the union cabinet approved Minimum Support Prices for the 2021-22 kharif marketing season. This has been described, in the CCEA release, as a “comprehensive cost which includes all paid out costs such as those incurred on account of hired human labour, bullock labour, machine labour, rent paid for leased in land, expenses incurred on use of material …

Cabinet clears hike in kharif crop MSPs
3 years, 7 months ago

Cabinet clears hike in kharif crop MSPs

Hindustan Times  

The Union Cabinet has raised minimum support prices of summer-sown crops, increasing them by 1.8% and 6.7%, in keeping with a policy to offer farmers at least 50% returns over the cost of cultivation, agriculture minister Narendra Singh Tomar said on Wednesday. MSPs are federally fixed floor prices for crops for government purchases aimed at avoiding distress sale by farmers …

MSP hike to boost farmers’ income, improve living standards, says PM Modi
3 years, 7 months ago

MSP hike to boost farmers’ income, improve living standards, says PM Modi

Live Mint  

With the Centre hiking the MSP of several crops on Wednesday, Prime Minister Narendra Modi said the move will boost farmers' income and improve their living standards. The support price of maize has been increased marginally by ₹20 to ₹1,870 per quintal for the 2021-22 crop year from ₹1,850 per quintal last year. The moong support price has been increased …

Govt Ushered Historic Increase in MSP, Doing Everything Possible to Double Farmers' Income: PM Modi
3 years, 10 months ago

Govt Ushered Historic Increase in MSP, Doing Everything Possible to Double Farmers' Income: PM Modi

News 18  

On the completion of two years of the Pradhan Mantri Kisan Samman Nidhi, Prime Minister Narendra Modi on Wednesday said his government ushered a historic increase in the Minimum Support Price for crops and was doing everything possible to double the income of farmers. We are doing everything possible to double the income of farmers,” he said in a series …

MSP was There, MSP is There, MSP Will Be There: PM Modi Reaches Out to Farmers, But No Hint of Repeal
3 years, 11 months ago

MSP was There, MSP is There, MSP Will Be There: PM Modi Reaches Out to Farmers, But No Hint of Repeal

News 18  

Prime Minister Narendra Modi on Monday reached out to the farmers protesting against the new agriculture laws as he promised in no uncertain terms that the Minimum Support Price regime will remain in place, addressing their fears that the new reforms would lead to the end of MSP. ‘There are other rigidities because of marketing regime set up in 1930s …

Put the farm laws on hold, uphold farmers’ rights
4 years ago

Put the farm laws on hold, uphold farmers’ rights

The Hindu  

The Supreme Court’s recent suggestion to form a joint panel to look into the demands of the agitating farmers, has given a breather to the government, although such an offer, made officially at the outset, was rejected by farmer groups as a “dilly-dallying tactic”. Agriculture producers are demanding a total repeal of the new reforms-oriented laws that provide for setting …

MSP model's utility is long gone; new farm laws will give farmers more market access, promote agri exports
4 years, 1 month ago

MSP model's utility is long gone; new farm laws will give farmers more market access, promote agri exports

Firstpost  

If administered prices have been seen to be ineffective in so many areas of economic activity, why should Indian agriculture be any different? In Piparia, near Hoshangabad, Madhya Pradesh, a small farmer acted successfully against a large private firm to get contracted price for his paddy using new farm laws. The Federation of Andhra Pradesh and Telangana Farmers for Market …

MSP will be hiked continuously in coming years, says Rajnath Singh
4 years, 3 months ago

MSP will be hiked continuously in coming years, says Rajnath Singh

Live Mint  

Seeking to allay concerns of farmers over a new set of laws amid continuing protests by some parties, senior union minister Rajnath Singh on Thursday assured the farm community that the MSP will not only stay, it will be continuously increased too in coming years. The Congress' youth wing activists on Monday had set a tractor ablaze near India Gate …

Govt. announces 2.6% hike for wheat MSP amid farmers’ protests
4 years, 3 months ago

Govt. announces 2.6% hike for wheat MSP amid farmers’ protests

The Hindu  

In the earliest announcement of minimum support prices in at least a decade, Agriculture Minister Narendra Singh Tomar told the Lok Sabha that the Cabinet has approved MSP hikes for six crops, including a 2.6% increase in the rate for wheat. However, this year’s MSP announcement comes just a day after Parliament cleared two controversial Bills, which will facilitate contract …

Decision to hike MSP will benefit crores of farmers, says PM Modi
4 years, 3 months ago

Decision to hike MSP will benefit crores of farmers, says PM Modi

India TV News  

Prime Minister Narendra Modi on Monday hailed the decision of hike in the Minimum Support Price of six rabi crops including wheat and gram as "historic", saying it will empower farmers and contribute to doubling of their income. In line with our ethos of taking farmer-friendly measures, the Cabinet has taken another historic decision to raise the MSP, he said, …

Agri-reforms will empower farmers. The Opposition is wrong | Opinion
4 years, 3 months ago

Agri-reforms will empower farmers. The Opposition is wrong | Opinion

Hindustan Times  

The unprecedented 23.9% decline in the gross domestic product in the first quarter of 2020-21 is serious. These reforms were similar to the 1991 moment for the wider economy and were hailed as such by leading experts The Centre promulgated three agriculture-related ordinances in June, which were a break from the past when pernicious interventions by governments were justified in …

Govt hikes MSP for Rabi crops like wheat and gram
4 years, 3 months ago

Govt hikes MSP for Rabi crops like wheat and gram

India TV News  

The Union Cabinet has approved hike in Minimum Support Price for Rabi crops such as Wheat and Gram. The new farm bills will help farmers widen the range and market area to sell their produce and also negotiate for a better price. The government proposed three new farm bills, out of which two have already been passed in both the …

Modi Hails Passage of Farm Bills in Rajya Sabha as 'Watershed Moment', Assures MSPs Would Continue
4 years, 3 months ago

Modi Hails Passage of Farm Bills in Rajya Sabha as 'Watershed Moment', Assures MSPs Would Continue

News 18  

Hailing the passage of the agriculture reform bills as in Rajya Sabha a “watershed moment”, Prime Minister Narendra Modi on Sunday again assured protesting farmers that the Minimum Support Price system won’t be touched and government purchase of their produce would continue. Congratulations to our hardworking farmers on the passage of key bills in Parliament, which will ensure a complete …

Govt tables farms bills in Rajya Sabha, Narendra Singh Tomar says MSP will continue
4 years, 3 months ago

Govt tables farms bills in Rajya Sabha, Narendra Singh Tomar says MSP will continue

India Today  

As the controversial farm bills were introduced in the Rajya Sabha on Sunday, Union Agriculture Minister Narendra Singh Tomar assured that minimum price or MSP-based procurement of agriculture crops from farmers will continue. It is not related to the farm bills that seek to give cultivators freedom to market their produce, Narendra Singh Tomar further said. Days after their passage …

Farmers in Punjab and Haryana fear end of MSP regime
4 years, 3 months ago

Farmers in Punjab and Haryana fear end of MSP regime

The Hindu  

Farmers in Punjab and Haryana are up in arms against the Centre’s agriculture-related Bills as they fear their enactment — one of these has already been passed in the Lok Sabha — would be a step towards the abolition of the Minimum Support Price regime. “After the Farmers’ Produce Trade and Commerce Bill, which aims to open up agricultural marketing …

Centre hikes support prices of kharif crops
4 years, 7 months ago

Centre hikes support prices of kharif crops

Live Mint  

The central government on Monday announced minimum support prices of 14 kharif crops, planting for which will begin shortly with the progress of the annual monsoon. For rice, the main kharif crop, the Centre has fixed MSP at ₹1,868 per quintal, an increase of ₹53 over last year. Among pulses, MSP of arhar or pigeon pea was fixed at ₹6,000 …

Amid subdued monsoon, cabinet offers higher MSP relief for farmers
5 years, 6 months ago

Amid subdued monsoon, cabinet offers higher MSP relief for farmers

Live Mint  

New Delhi: Buffeted by subdued monsoon rainfall and mounting agrarian distress, the government on Wednesday raised the minimum support price for all kharif crops for the 2019-20 sowing season. But according to the weather department’s forecast, the situation would improve and the monsoon would be normal,” said agriculture minister Narendra Singh Tomar after a cabinet meeting that cleared the proposal. …

Farm loans, MSP top priorities
5 years, 7 months ago

Farm loans, MSP top priorities

Deccan Chronicle  

After May 23, when the results of the Lok Sabha elections are declared, whether there is a new government at the Centre or the current dispensation gets another chance to govern, it will have its hands full. The agrarian distress due to mounting loans of farmers, poor crop insurance and inadequate minimum support price on crops are some of the …

MSP sustains the illusion that farmers rule in this country
6 years, 2 months ago

MSP sustains the illusion that farmers rule in this country

Live Mint  

Minimum support price is a fiction. MSP is a sovereign guarantee that the state shall step in as a buyer of the last resort so that farmers get fair returns for their hard work. Parliament’s standing committee on agriculture routinely acknowledges and ritually regrets the inability of the vast majority of farmers to realize MSP equivalent prices. Just go to …

Narendra Modi govt's hike in MSPs for kharif crops well below ones announced under UPA: RBI
6 years, 3 months ago

Narendra Modi govt's hike in MSPs for kharif crops well below ones announced under UPA: RBI

Firstpost  

The government had announced the hike in MSPs in July for the summer or the kharif crop, following a budget announcement affirming a 50 percent mark up to farmers over the cost of produce. Mumbai: The hike in minimum support prices for kharif crop announced in July by the Narendra Modi Government was “well below” the ones effected under the …

Floor price for rabi crops hiked
6 years, 3 months ago

Floor price for rabi crops hiked

The Hindu  

In what should come as a boost to farmers, the Union Cabinet on Wednesday approved raising the minimum support prices of rabi crops such as wheat, barley, gram, masur, rapeseed and mustard, and safflower for 2018-19. “Giving a boost to farmers’ income, the Cabinet Committee on Economic Affairs has approved the increase in the Minimum Support Prices for all rabi …

Government raises MSP for winter crops as farmers keep up pressure
6 years, 3 months ago

Government raises MSP for winter crops as farmers keep up pressure

Live Mint  

New Delhi: A day after farmer protests for better crop prices rocked the national capital, the Centre on Wednesday raised minimum support prices for winter crops to ensure farmers get 50% more than what they spend on cultivation. While MSP for wheat, the main winter crop, was raised to ₹ 1,840 per quintal, a 6% increase over last year, the …

For NDA's move to raise MSPs of monsoon crops to matter, agriculture needs structural changes, says economic analyst
6 years, 3 months ago

For NDA's move to raise MSPs of monsoon crops to matter, agriculture needs structural changes, says economic analyst

Firstpost  

By Shreehari Paliath Mumbai: Under pressure from farmers’ groups across the country due to falling prices and a glut of produce, the Bharatiya Janata Party-led National Democratic Alliance government announced a hike in the minimum support prices of kharif season crops in July 2018. pic.twitter.com/7HayzD6ccD — BJP July 4, 2018 However, the new MSPs do not meet the recommendations made …

Minimum support price: Unkept promises on cost mitigation, bad formula to determine MSP compound farm woes
6 years, 4 months ago

Minimum support price: Unkept promises on cost mitigation, bad formula to determine MSP compound farm woes

Firstpost  

The cost of purchasing inputs like seeds, pesticides, fertilisers and machinery among others falls under the ‘A2’ cost category, while the cost of family labour is reflected in the ‘FL’ component. In a press release, the government announced that the MSP would be set at 50 percent over the cost of production and vowed to double farmers’ incomes by 2022. …

Farmers grapple with rising costs, falling incomes
6 years, 5 months ago

Farmers grapple with rising costs, falling incomes

Live Mint  

Falling farm incomes in rural Maharashtra might be an important factor fuelling the current spate of protests by the Marathas, who are demanding reservation in educational institutions and government jobs. The net returns from farming, or wholesale prices minus costs of production, declined for most of the major crops in the state between 2006-07 and 2014-15, reveals analysis of data …

MSP hike, farm loan waivers to bolster rural economy but it’s not enough
6 years, 6 months ago

MSP hike, farm loan waivers to bolster rural economy but it’s not enough

Live Mint  

Mumbai: Substantial increases in minimum support prices on kharif crops and farm loan waiver in Karnataka are expected to reverse the fortunes of the farm sector and bolster continuing rural upliftment focus of the government ahead of the upcoming general elections in 2019. According to their estimates, higher MSPs will raise autumn kharif harvest farm income by 10% in contrast …

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