-TheWire.in Not only has year-on-year MSP growth been much higher in previous years, the government still remains silent on how it will manage to increase procurement. The Narendra Modi government recently approved the decision to hike the minimum support price (MSP) for the kharif marketing season for 2018-19. The MSP for paddy has been increased by Rs 200 per quintal, and the MSP has gone up for other crops too. The minister of...
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'Jumla' tag on 'record' farm support prices -R Suryamurthy, Jayanta Roy Chowdhury and JP Yadav
-The Telegraph New Delhi: The Narendra Modi government on Wednesday raised the minimum support price for the common variety of paddy by what it described as a "historic" margin, seeking to address rural disquiet that the BJP has identified as one of its weaknesses in the run-up to key elections. However, a powerful lobby of farmers has termed it a "jumla" (an idiomatic expression that loosely translates as a hollow promise or...
More »MSP of 14 kharif crops hiked, millet growers to benefit -Vishwa Mohan
-The Times of India NEW DELHI: The Centre hiked on Wednesday the minimum support price (MSP) of 14 kharif (summer sown) crops for the 2018-19 marketing season, syncing it with BJP’s 2014 poll promise to provide farmers a profit margin of at least 50% over their cost of production for all the notified crops across the country. Seven of these 14 crops have reported hikes of nearly 20% or more as compared...
More »Farmer unions welcome MSP hike for Kharif crops -Anand Patel
-IndiaToday.in New Delhi: Farmer unions have welcomed hike in Minimum Support Price (MSP) for Kharif crops announced by the Centre on Wednesday, but said that the increase was well short of their expectations. All India Kisan Sangharsh Coordination Committee (AIKSCC) the umbrella body representing 194 farmer unions from across the country, has called the hike as old wine in a new bottle. An AIKSCC statement said that the Cabinet decision to fix...
More »India needs both price and income support for farmers -Soumya Kanti Ghosh and Debashis Padhi
-Livemint.com The concerns about the downsides of these schemes are overblown, and they could go some way in alleviating rural woes Since the Union Budget 2018-19, there has been a great deal of discussion in the public domain regarding the health of the rural sector. We believe that the rural sector needs some policy intervention, be it price support or income support. As a case in point, the agri gross domestic product...
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