Minimum Support-prices

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Minimum Support-prices - Total results - 27
Centre hikes MSP for kharif crops for 2021-2022; check new prices for paddy, pules, oilseeds here
India

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

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

Farm reforms crucial in ushering investment for agri supply chain, improve farm-to-table efficiencies
India

Farm reforms crucial in ushering investment for agri supply chain, improve farm-to-table efficiencies

The laws provide a leg up to many agriculture startups working to digitising parts of the procurement process, provide data-led crop advisory, enhance market linkages and build procurement infrastructure near the farm gate

New farm laws essential for long-term sustainability of agriculture, promoting private participation in farming
India

New farm laws essential for long-term sustainability of agriculture, promoting private participation in farming

The Centre needs to convince the farmers of the short and long-term benefits of these new laws, and ensure that reforms in the agriculture sector are here to stay

Centre's new farm laws are bold steps that can bring about structural change in Indian agriculture
India

Centre's new farm laws are bold steps that can bring about structural change in Indian agriculture

The present system of agricultural procurement has outlived its utility, is inequitable, and lacks dynamism

Centre announces higher MSPs for six crops: A look at how minimum support prices are calculated, and what makes them important
India

Centre announces higher MSPs for six crops: A look at how minimum support prices are calculated, and what makes them important

The government's emphasis on MSPs is not surprising, as support prices have often been the focus of protests by farmers

Union Cabinet hikes MSPs for rabi crops, approves BSNL-MTNL merger, regularises unauthorised Delhi colonies: 5 key decisions taken today
Business

Union Cabinet hikes MSPs for rabi crops, approves BSNL-MTNL merger, regularises unauthorised Delhi colonies: 5 key decisions taken today

The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday took major decisions aimed at reviving the economy

Economic Survey 2018-19: Country moves to more stable and low level of inflation in last five fiscals
Business

Economic Survey 2018-19: Country moves to more stable and low level of inflation in last five fiscals

The country's inflation rate has moved to a more stable and low level in the last five fiscals, and controlling price surge remains a key policy focus area of the government, the Economic Survey for 2018-19 said on Thursday

Farm distress: Govt must restructure subsidy regime, invest more in rural infrastructure and agricultural research
Business

Farm distress: Govt must restructure subsidy regime, invest more in rural infrastructure and agricultural research

Speeding up overall economic growth will absorb the slack in the agricultural sector and push up farm wages.

AHP leader Pravin Togadia says Narendra Modi has 'ditched' farmers, claims their suicides were 'genocide committed by governments'
India

AHP leader Pravin Togadia says Narendra Modi has 'ditched' farmers, claims their suicides were 'genocide committed by governments'

Pravin Togadia said if the government was not paying heed to their peaceful protests, cultivators "should pick up sticks".

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

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

Madhura Swaminathan talked about the challenges facing Indian agriculture, including low MSPs and farm income and disagreement with Aadhaar-enabled food security in the PDS.

Minimum Support Price: Centre's move to hike MSPs makes industries dependent on agrarian produce vulnerable
India

Minimum Support Price: Centre's move to hike MSPs makes industries dependent on agrarian produce vulnerable

The hike in minimum support prices (MSP) presents a very real problem for industries dependent on agricultural produce such as textiles and food processing.

India Ratings pegs down FY19 GDP forecast to 7.2% citing rising inflationary risks
Business

India Ratings pegs down FY19 GDP forecast to 7.2% citing rising inflationary risks

The key reasons for the downward revision (GDP forecast) is the headwinds emanating from the elevated global crude prices and government's decision to fix MSPs of all kharif crops, India Ratings said

RBI may opt for status quo on policy rates in August; inflation likely to drop to 4.4% in July : HDFC Bank
Business

RBI may opt for status quo on policy rates in August; inflation likely to drop to 4.4% in July : HDFC Bank

Stabilisation in the otherwise volatile rupee and the moderation in oil prices can also be pointed out by RBI as a comforting factor, HDFC Bank said

RBI will go for another 0.25% rate hike in August MPC meeting; MSP hike to spur inflation: BNP Paribas
Business

RBI will go for another 0.25% rate hike in August MPC meeting; MSP hike to spur inflation: BNP Paribas

It said the price is higher than the RBI's medium-term target of 4 percent and the risks to inflation going forward are tilted on the "upside"

Higher minimum support prices for kharif crops may have inflation, fiscal costs, says DBS report
Business

Higher minimum support prices for kharif crops may have inflation, fiscal costs, says DBS report

Seeking to address farm distress ahead of general elections, the Centre on 4 July hiked price paid to farmers for paddy by a record Rs 200 per quintal and by up to 52 percent for other summer-sown crops

MSP hike: Centre's bonanza means little to farmers as govt lacks storage and funds needed to buy most of the produce
Business

MSP hike: Centre's bonanza means little to farmers as govt lacks storage and funds needed to buy most of the produce

The government announces MSP for most crops to set a benchmark, but state agencies mainly buy limited quantities of staples such as rice and wheat at those prices

Higher MSP not to impact fiscal deficit target, says union minister Arun Jaitley
Business

Higher MSP not to impact fiscal deficit target, says union minister Arun Jaitley

Union Minister Arun Jaitley on Wednesday said the government's fiscal deficit target would not be breached on account of higher MSP for 14 crops as large provisioning for food subsidy has already been made in the Budget for current fiscal

MSP hike to push retail inflation by 70 bps, roil fiscal numbers, warn economists and analysts
Business

MSP hike to push retail inflation by 70 bps, roil fiscal numbers, warn economists and analysts

The government on Wednesday hiked the minimum support price (MSP) for paddy by a record Rs 200 per quintal for 2018-19. It will cost the exchequer over Rs 15,000 crore

MSP hike: Revised purchase price alone won't sustain higher farm incomes; yields have to improve and costs must fall
Business

MSP hike: Revised purchase price alone won't sustain higher farm incomes; yields have to improve and costs must fall

A mere hike in MSP will not result in higher incomes for farmers. Of the 23 crops for which govt announces floor prices, there is a proper procurement system only for rice, wheat and sugarcane