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 to a 4.5% fall last year at 2017’s growth levels, and said that MSP should push up rural demand, especially by raising the income of raw cotton farmers. “Importantly, it reflects a lagged intervention by the government to ameliorate the farm sector distress arising from declining net realisations, especially in the aftermath of demonetization,” it said in a report on 4 July. Hence, the promise of doubling the real farm income by 2022 looks difficult but the MSP decision may be a precursor to similar steep MSP hikes ahead of the elections.

Income Rural Economy Bse Farm Msp Farm Loan Waiver Msp Hike Rural Sector  rural  sector  prices  farm  higher  consumption  hike  msp  msps  kharif  waivers  economy  income  loan  bolster

History of this topic

DC Edit | Talk to farmers, find solution
2 weeks ago

DC Edit | Talk to farmers, find solution

Deccan Chronicle  

With the agitating farmers communicating to the Supreme Court that their leader Jagjit Singh Dallewal will call off his indefinite hunger strike if the Union government invited them to a discussion on their long-pending agenda, it is now up to the government to take the initiative for talks and pave the way towards ending a year-long agitation. The government should …

Farmers push for SC’s help after parliamentary standing committee backs MSP law
3 weeks, 2 days ago

Farmers push for SC’s help after parliamentary standing committee backs MSP law

Hindustan Times  

Farmer leader Jagjit Singh Dallewal, who is on a fast-unto-death, and several protesting farmers’ unions have urged the Supreme Court to ask the Centre to implement a parliamentary standing committee’s recommendation for legally guaranteed support prices. In its report on demand for grants tabled in the just-concluded Parliament session, the standing committee on agriculture, animal husbandry and food processing has …

Punjab, Haryana farmers getting max benefits of MSP, says Union minister Bittu
1 month ago

Punjab, Haryana farmers getting max benefits of MSP, says Union minister Bittu

Hindustan Times  

Amid the ongoing farmer agitation, Union minister Ravneet Bittu on Wednesday questioned the veracity of asking for the minimum support price claiming that Punjab and Haryana farmers are already getting the same. Prime Minister Narendra Modi has always given importance to Punjab farmers’ interests and has already implemented a significant hike in MSP,” he said. Dallewal’s fast-unto-death enters Day 16 …

RJD MP Manoj Jha takes a jibe at Agriculture Minister says ‘a lot of difference between words and reality’
Trending News
1 month, 1 week ago

RJD MP Manoj Jha takes a jibe at Agriculture Minister says ‘a lot of difference between words and reality’

The Hindu  

Rashtriya Janata Dal’s Rajya Sabha MP Manoj Jha on Saturday took a jibe at Agriculture Minister Shivraj Singh Chouhan for his Parliament address on farmers, saying, “There is a lot of difference between their word and reality.” Speaking with ANI, Mr. Jha criticised the authorities for the use of tear gas on the farmers protesting at the Sambu border with …

Announcement not enough, need legal guarantee for MSP: Farmer unions
5 months, 1 week ago

Announcement not enough, need legal guarantee for MSP: Farmer unions

Hindustan Times  

A day after Haryana chief minister Nayab Saini announced that his government will buy all 24 crops on the minimum support price in the state, up from the existing 14, the prominent farmer unions in the state have now called for a legal guarantee for the MSP. Rattan Mann, state president of the Bhartiya Kisan Union, said, “This announcement is …

Will Modi govt bring law to give legal guarantee of MSP? Agri minister keeps everyone guessing – Firstpost
5 months, 2 weeks ago

Will Modi govt bring law to give legal guarantee of MSP? Agri minister keeps everyone guessing – Firstpost

Firstpost  

On Friday, the Union Agriculture and Farmer Welfare Minister Shivraj Singh Chouhan said that the BJP-led NDA government is constantly increasing MSP on food grains in view of farmers’ welfare The question of whether the government will work up a law to provide a legal guarantee of minimum support price on agricultural produce has once again come up in the …

Farm Loan Waiver Hype is with an Eye on Ensuing Local Body Elections: Bandi
5 months, 3 weeks ago

Farm Loan Waiver Hype is with an Eye on Ensuing Local Body Elections: Bandi

Deccan Chronicle  

Hyderabad: Union minister of state for home Bandi Sanjay Kumar demanded that the Congress government in the state waive crop loans up to Rs.2 lakh without laying conditions, as it had promised during the Assembly elections. In a statement here on Thursday, Sanjay asked the Congress about Rythu Bharosa for the rabi and kharif seasons and setting pre-conditions and cutting …

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 …

Telangana Govt exploring options to ensure all genuine small and marginal farmers are benefitted by crop loan waiver
6 months, 3 weeks ago

Telangana Govt exploring options to ensure all genuine small and marginal farmers are benefitted by crop loan waiver

The Hindu  

As the deadline for the implementation of crop loan waiver up to ₹2 lakh is approaching fast, Telangana Government is exploring various options to see that all eligible farmers, especially small and marginal farmers with holdings of less than five acres, benefited from the scheme. 40 lakh farmers across Telangana The Government is actively considering the PM Kisan Samman Yojana …

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 …

Cabinet approves MSP hikes for all 14 kharif season crops for the upcoming 2024-25 season
6 months, 3 weeks ago

Cabinet approves MSP hikes for all 14 kharif season crops for the upcoming 2024-25 season

The Hindu  

The Union Cabinet gave its nod to raise the minimum support price for paddy by 5.35% to ₹2,300 per quintal for the upcoming 2024-25 kharif marketing season, a decision that comes ahead of Assembly elections in Haryana, Maharashtra, Jharkhand and Delhi. In the first major decision of Prime Minister Narendra Modi’s third term in office, the Cabinet approved MSP hikes …

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 …

Telangana Govt faced with twin challenges of implementing crop loan waiver and crediting Rythu Bharosa kharif instalment
7 months ago

Telangana Govt faced with twin challenges of implementing crop loan waiver and crediting Rythu Bharosa kharif instalment

The Hindu  

Telangana government is faced with the twin challenges of fulfilling the promise of crop loan waiver upto ₹2 lakh to farmers and crediting the amounts under Rythu Bharosa, the Farmers’ Investment Support Scheme, in the next couple of months. While the government is mulling various options for raising resources to ensure crop loan waiver, implementation of the Rythu Bharosa will …

Govt. intensifies efforts to fulfil its promise of ₹2 lakh crop loan waiver by August 15
7 months ago

Govt. intensifies efforts to fulfil its promise of ₹2 lakh crop loan waiver by August 15

The Hindu  

The State government has intensified its efforts to mobilise financial resources for fulfilling the Congress’ election promise of crop loan waiver up to ₹2 lakh to farmers by August 15, coinciding with the Independence Day. The government has commissioned an elaborate exercise to finalise the guidelines to ensure that all eligible farmers are covered under the crop loan waiver. The …

Officials told to explore options to implement crop loan waiver up to ₹2 lakh
7 months, 4 weeks ago

Officials told to explore options to implement crop loan waiver up to ₹2 lakh

The Hindu  

The Congress government in Telangana, headed by Chief Minister A. Revanth Reddy, has started exploring options for fulfilling one of its key promises waiver of crop loans up to ₹2 lakh. The Chief Minister, who convened a meeting with senior officials on Wednesday, reiterated his commitment to complete loan waiver up to ₹2 lakh by August 15. As the State …

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 …

Congress’ Sidhu calls doubling farmers’ MSP or income ‘biggest lie in the world’
10 months, 4 weeks ago

Congress’ Sidhu calls doubling farmers’ MSP or income ‘biggest lie in the world’

Live Mint  

Congress leader Navjot Singh Sidhu on Sunday addressed a press conference on ongoing farmers' protest. Sidhu said "doubling farmers' MSP or income" is the "biggest lie in the world". Sidhu said, “.Farmer's MSP and income will be doubled, is there a bigger lie than this in the world?.” Sidhu said that the government increases ₹40 and takes back ₹400. Supporting …

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 …

Can't bring MSP in hurry; farmers should come forward for talks with govt: Agriculture minister
11 months ago

Can't bring MSP in hurry; farmers should come forward for talks with govt: Agriculture minister

New Indian Express  

During the course of the discussion with protesting farmers, the minister said farmers were requested to either be part of the Sanjay Aggarwal-chaired committee that is already looking at strengthening the MSP system, or be part of a new committee. Stating that the Centre is open for dialogue anytime to resolve the concerns of farmers, Munda said, "they will give …

As paddy crops fail, Congress’ poll promise of a loan waiver is pushing BJP candidates into a corner in Chhattisgarh
1 year, 2 months ago

As paddy crops fail, Congress’ poll promise of a loan waiver is pushing BJP candidates into a corner in Chhattisgarh

The Hindu  

With the Congress riding high on its pre-poll promise to waive farm loans in Chhattisgarh in a year of insufficient rainfall, some BJP candidates in the State have been pushed off-script and are promising loan waivers as well, even without official backing from their party. I certainly don’t think so.” Aslo Read | Experts weigh in on Chhattisgarh Congress promise …

MSPs, dearness allowance raised ahead of elections
1 year, 2 months ago

MSPs, dearness allowance raised ahead of elections

Live Mint  

The Union cabinet approved a 2-7% increase in the minimum support price of six rabi crops and raised inflation-linked pay for central employees and pensioners ahead of key assembly and general elections, where farmers and government employees are influential voting blocs. The MSP increase for the 2024-25 rabi marketing season is in line with the government’s goal of doubling farmer …

Modi government hikes MSP for rabi crops for season 2024-25: Check latest prices
1 year, 2 months ago

Modi government hikes MSP for rabi crops for season 2024-25: Check latest prices

India TV News  

Ahead of upcoming Assembly elections, the Union Cabinet on Wednesday decided to raise the Minimum Support Prices for all required Rabi crops for the 2024-25 marketing season. The highest increase in MSP has been approved for lentil at Rs 425 per quintal followed by rapeseed and mustard at Rs 200 per quintal. Check the latest MSP of rabi crops Currently, …

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 …

How Modi government's MSP policy boosts agricultural income, social security and distributive justice
1 year, 6 months ago

How Modi government's MSP policy boosts agricultural income, social security and distributive justice

Firstpost  

The Union Cabinet on 7 June 2023, increased the Minimum Support Price of all mandated Kharif crops to the tune of 5.3 per cent to 10.35 per cent for marketing season 2023-2024. However the highest MSP increase has been in moong, which witnessed a hike by 10.4 per cent to Rs 8,558 per quintal for the crop year 2023–24 from …

Modest MSP hike is a tightrope act by govt
1 year, 7 months ago

Modest MSP hike is a tightrope act by govt

Hindustan Times  

Concerns over sluggish rural demand in a pre-election year, and the risks of disruption to agricultural output from El Nino-driven drought-like conditions, put the spotlight on the quantum of increase in the government’s announcement of the Minimum Support Price at which it will procure crops from farmers for the 2023-24 kharif season. It turns out that weighing the crops by …

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 …

Telangana BJP hails hike in MSP
1 year, 7 months ago

Telangana BJP hails hike in MSP

Deccan Chronicle  

HYDERABAD: The Telangana BJP expressed its appreciation for the Union government's decision to increase the minimum support price for various crops in the upcoming Kharif crop season and the 2023-24 marketing season. Union minister G. Kishan Reddy highlighted the significant benefits for Telangana farmers, with MSPs having increased by an average of 60 per cent to 80 per cent since …

Telangana BJP Applauds Union Government's Increased MSP
1 year, 7 months ago

Telangana BJP Applauds Union Government's Increased MSP

Deccan Chronicle  

Hyderabad: The Telangana BJP expressed its appreciation for the Union government's decision to increase the minimum support price for various crops in the upcoming Kharif crop season and the 2023-24 marketing season. Union minister G. Kishan Reddy highlighted the significant benefits for Telangana farmers, with MSPs having increased by an average of 60 per cent to 80 per cent since …

Centre hikes kharif crop MSPs, ₹143 increase for paddy
1 year, 7 months ago

Centre hikes kharif crop MSPs, ₹143 increase for paddy

The Hindu  

The Centre has set the Minimum Support Price for paddy sown in the kharif or monsoon season at ₹2,183 per quintal, a hike of ₹143 per quintal in comparison to last year. The MSP for moong is ₹8,558 per quintal, an increase of ₹803 from last year, one of the highest increases among kharif crops. For ragi, this year’s MSP …

Govt weighs 3-8% increase in MSP for kharif crops
1 year, 7 months ago

Govt weighs 3-8% increase in MSP for kharif crops

Live Mint  

NEW DELHI : The central government is weighing a 3-8% increase in the minimum support price for key kharif crops in 2023-24, according to two people familiar with the development. The MSP for common and grade A paddy varieties could see a 3-7% increase to the range of ₹2,100-2,200 per quintal, one of the two people said, requesting anonymity. The …

Farmers looking forward to law on MSP guarantee in Union Budget
1 year, 11 months ago

Farmers looking forward to law on MSP guarantee in Union Budget

The Hindu  

MYSURU The farmers of Karnataka are looking forward to an announcement of a law on Minimum Support Price guarantee in the Union Budget scheduled to be presented in Parliament on Wednesday. President of Karnataka State Sugarcane Farmers’ Association Kurubur Shanthakumar said Prime Minister Narendra Modi had assured the farmers of a legislation on guaranteed MSP during the farmers’ protest rally …

Economic Survey 2023: Centre's MSP Boost For Crops Powered Agriculture Sector To Robust Growth
1 year, 11 months ago

Economic Survey 2023: Centre's MSP Boost For Crops Powered Agriculture Sector To Robust Growth

ABP News  

The Economic Survey 2022-23 was tabled by Finance Minister Nirmala Sitharaman on Tuesday in the parliament. As all eyes are on the Budget 2023, where the expectations for the agriculture sector remain upbeat, the Eco Survey 2022-23 showed that the performance of the agriculture and allied sector has been buoyant. As per the Eco Survey tabled in the Parliament, the …

Farmers to step up stir for MSP coinciding with budget session of Parliament
1 year, 11 months ago

Farmers to step up stir for MSP coinciding with budget session of Parliament

The Hindu  

All India Kisan Sabha national president Ravula Venkaiah said the agitation to press for statutory backing to the minimum support price regime will be intensified coinciding with the budget session of the Parliament. Swaminathan is conceded.” There will be tractor rallies on January 26, the Republic Day, to protest against the alleged raw deal meted out to farmers by the …

RSS affiliate BKS organises ‘Kisan Garjana’ rally, calls for higher MSP, GST waiver
2 years ago

RSS affiliate BKS organises ‘Kisan Garjana’ rally, calls for higher MSP, GST waiver

The Hindu  

Thousands of farmers, under the aegis of the Rashtriya Swayamsevak Sangh’s farmers’ body, voiced their demands at the ‘Kisan Garjana’ rally at Delhi’s Ramlila ground on Monday. Asserting that “non-violence is a choice and not compulsion”, the office-bearers of Bharatiya Kisan Sangh demanded that remunerative prices be fixed based on costs incurred by farmers, GST on agricultural produce be revoked, …

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 …

second day of congress Chintan Shivir in udaipur
2 years, 8 months ago

second day of congress Chintan Shivir in udaipur

The Hindu  

The Congress on Saturday called for enacting a law guaranteeing minimum support price for crops and said its aim is to ensure that farmers are "debt-free". Addressing a press conference on the second day of the ongoing 'Chintan Shivir' in Udaipur, senior Congress leader and former Haryana Chief Minister Bhupinder Singh Hooda also said the party would strongly oppose any …

Farmers' organisation float new front for MSP law, months after Centre repealed reforms
2 years, 9 months ago

Farmers' organisation float new front for MSP law, months after Centre repealed reforms

Firstpost  

Raju Shetti, a two-term Lok Sabha member from Maharashtra and leader of the Swabhimani Paksha, said a decision to launch the MSP Guarantee Kisan Morcha was taken at a meeting of various farmers’ organizations New Delhi: After the agitation to repeal farm laws, a group of farmers on Tuesday floated a new front to press for their demand for a …

RSS Affiliate Bharatiya Kisan Sangh to Discuss MSP for Crops at 1st Convention after Repeal of Farm Laws
2 years, 10 months ago

RSS Affiliate Bharatiya Kisan Sangh to Discuss MSP for Crops at 1st Convention after Repeal of Farm Laws

News 18  

Rashtriya Swayamsevak Sangh affiliate Bharatiya Kisan Sangh is all set to hold a national level meet between February 25 and 27 in Bhopal, with steps to make farmers self-reliant and boost their income on the agenda. We will decide how to take this forward, if the government doesn’t listen to us,” said Dinesh Kulkarni, All India Organising secretary of Bharatiya …

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, …

KCR writes to Modi, asks to rein in fertiliser prices
3 years ago

KCR writes to Modi, asks to rein in fertiliser prices

Deccan Chronicle  

Hyderabad: Chief Minister K. Chandrashekar Rao on Wednesday appealed to Prime Minister Narendra Modi on behalf of crores of farmers in the country to ensure that the cost of fertilisers were maintained at the present level and additional cost, if any, should be absorbed by the Centre so that farmers were not burdened. In a letter addressed to the Prime …

Committed to cover all farmers in State under loan waiver scheme: Maharashtra Government
3 years ago

Committed to cover all farmers in State under loan waiver scheme: Maharashtra Government

The Hindu  

The Maharashtra Government on Friday told the Legislative Assembly that it was committed to cover all the farmers in the State under its loan waiver scheme, saying its implementation took a backseat due to the COVID 19 pandemic. Replying to a discussion on the issue during the Question Hour, Deputy Chief Minister Ajit Pawar said that ₹31.81 lakh farmers are …

MSP is no silver bullet to boost farmers' income
3 years, 1 month ago

MSP is no silver bullet to boost farmers' income

Live Mint  

Even as the central government has announced its withdrawal of the three farm laws, farmer unions have persisted in their demand to make the minimum support price a legal entitlement. The National Commission on Farmers, headed by eminent agricultural scientist Dr MS Swaminathan, had in 2006 recommended the MSP should be at least 50% more than the weighted average cost …

Centre must introduce law to guarantee MSP for farmers: Rakesh Tikait
3 years, 1 month ago

Centre must introduce law to guarantee MSP for farmers: Rakesh Tikait

The Hindu  

The Bharatiya Janata Party led Central Government must bring a legislation to guarantee a Minimum Support Price for crops to protect the interests of farmers in the country, said Bharatiya Kisan Union leader Rakesh Tikait on Sunday. Stating that Prime Minister Narendra Modi had advocated the MSP while he was Chief Minister of Gujarat, Mr. Tikait said that Mr. Modi …

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 …

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 …

Centre hikes MSP for kharif crops for 2021-2022; check new prices for paddy, pules, oilseeds here
3 years, 7 months ago

Centre hikes MSP for kharif crops for 2021-2022; check new prices for paddy, pules, oilseeds here

Firstpost  

Agriculture minister Narendra Singh Tomar said the Cabinet has approved the MSP of 14 kharif crops and farmers would get 50 to 85 percent returns over their cost of production New Delhi: The government on Wednesday raised the minimum support price of paddy marginally by Rs 72 per quintal to Rs 1,940 per quintal for the 2021-22 crop year, while …

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