Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | MSP for paddy raised by Rs. 80

MSP for paddy raised by Rs. 80

Share this article Share this article
published Published on Jun 10, 2011   modified Modified on Jun 10, 2011
-The Hindu
 
The Union government on Thursday allowed an increase in the Minimum Support Price (MSP) of Rs. 80 per quintal for paddy during the current kharif season, but it is said to be way below the hike recommended by both the Union Ministry of Agriculture and the Commission for Agricultural Costs and Prices (CACP).

The government said the objective was to boost production during the current kharif season and meet the increased demand in case the Food Security Act were to be put in place.

The Cabinet Committee on Economic Affairs fixed the MSP of paddy common at Rs. 1,080 per quintal and of paddy grade A at Rs. 1,110 per quintal, which is an increase of Rs. 80 per quintal over the MSP fixed for 2010-11.

According to sources, the Ministry had proposed an MSP of Rs. 1,160 per quintal for paddy, but the CCEA tempered it in the face of the prevailing high food inflation.

As regards the CACP recommendation for an additional bonus of Rs. 80 per quintal, the CCEA, reportedly took the stand that the proposal could be considered later if the export ban on rice continued and there was need to procure more in case the proposed food security law were to be enforced.

Continuing with its initiative towards self-dependence in pulses, the government increased the MSP by up to Rs. 400 per quintal. Production of pulses was at a record level of 17.29 million tonnes, thanks to a sharp rise in the MSP in 2010-11.

As a matter of fact the CCEA has fixed the MSP of arhar (tur) and moong higher by Rs. 100 per quintal than that recommended by the CACP.

The MSP of arhar (tur) is Rs. 3,200 per quintal, moong Rs. 3,500 per quintal and urad Rs. 3,300 per quintal, marking an increase of Rs. 200, Rs. 330 and Rs. 400 per quintal.

As last year, this year too, an additional incentive of Rs. 500 per quintal for tur, urad and moog sold to the government procurement agencies during the harvest and arrival period of two months will be paid.

Oilseeds too have been given a favourable treatment with an increase of up to Rs. 500 per quintal.

The Hindu, 10 June, 2011, http://www.hindu.com/2011/06/10/stories/2011061067301400.htm


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close