-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...
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Food ministry against CACP’s proposal on paddy MSP hike
-Press Trust of India The food ministry has opposed the proposal of the Commission for Agriculture Costs and Prices (CACP) to hike the support price of paddy by R160 per quintal to R1,160 per quintal for 2011-12 crop year. Paddy minimum support price (common grade) was at R1,000 per quintal last year. The CACP, which suggests minimum support price (MSP) of 40 agri-commodities, has recommended support price for paddy (common grade)...
More »Import price of phosphatic & potash fertilisers raised
The government on Thursday raised the benchmark prices at which fertiliser companies and designated traders can import phosphatic and potash fertilisers with subsidy support so that farmers have uninterrupted supply of plant nutrients in the coming monsoon season despite higher global prices. The subsidy given to companies for making the commodity available to farmers, is computed based on the notified benchmark prices. The decision to raise the prices of imported di-ammonium...
More »Endosulfan: meet in Geneva begins, India still in denial by Savvy Soumya Misra
Sharad Pawar says many states had asked him not to ban the pesticide Union agriculture minister Sharad Pawar is rooting for endosulfan just before the fifth Conference of Parties (COP) of the Stockholm Convention meets in Geneva from April 25 to April 30 to decide the fate of the pesticide. There seems to be a pattern in Pawar’s resistance to banning endosulfan. Replying to a question in the Lok Sabha on February...
More »Govt approves Rs 5,000 cr working capital loan for FCI
The government on Tuesday approved a short-term loan of Rs 5,000 crore for Food Corporation of India (FCI), which will help the organisation meet its working capital requirements this fiscal. The proposal was cleared in the meeting of the Cabinet Committee on Economic Affairs (CCEA) held here. "The CCEA today approved a short-term loan of Rs 5,000 crore to the FCI for 2010-11," an official statement said. FCI, the nodal agency for...
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