-TheWire.in While the government has claimed that it has fulfilled its promise of MSP at cost plus 50%, the claim is misleading. The MSPs fall short of offering returns at 50% over comprehensive cost of production, as the BJP had promised prior to 2014. New Delhi: On July 4, the Narendra Modi-led government at the Centre announced the Minimum Support Prices (MSP) for the 2018-19 kharif season. In a tweet, Narendra Modi...
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Modi Government's 'Historic' MSP Hike Is Nothing More Than a Band-Aid for Farmers -Ishan Anand
-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...
More »1,092 farmers commit suicides in Maharashtra in 5 months -Priyanka Kakodkar
-The Times of India MUMBAI: Maharashtra has recorded 1,092 farmer suicides till the end of May this year according to official data. This is lower by only 72 cases compared to 2017 despite a loan waiver being declared in the state a year ago. While there has been a marginal dip in the total cases, the arid and deprived Marathwada region has seen a rise in these five months. It has recorded...
More »Minimum Support Price for rice gave return of 50% over cost 13 times since 1996-97 -Roshan Kishore
-Hindustan Times The union cabinet announced Minimum Support Prices (MSPs) for the 2018-19 Kharif marketing season on Wednesday. MSPs for all Crops are at least 50% more than the projected A2+FL cost of production. New Delhi: The union cabinet announced Minimum Support Prices (MSPs) for the 2018-19 Kharif marketing season on Wednesday. MSPs for all Crops are at least 50% more than the projected A2+FL cost of production. Broadly speaking the A2+FL...
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...
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