-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...
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Minimum support price for paddy hiked by Rs. 200 a quintal -Vikas Vasudeva & Priscilla Jebaraj
-The Hindu The Union government looks to fulfil its poll promise of giving farmers 50 per cent more rate than their cost of production. In keeping with the promise made in this year’s Budget speech, the Union Cabinet has approved a hike in minimum support prices (MSPs) for kharif crops so that they are 50% higher than the cost of production, not including land costs. This includes a ?200 per quintal increase in...
More »'Wrong Cost Calculation': Modi Govt's Big Move to Woo Farmers Gets a Thumbs Down -Rounak Kumar Gunjan
-News18.com CCEA in its meeting on Wednesday approved an increase in MSP for summer crops, especially paddy and dal, as a move to fulfil its Budget promise and address farmers' concerns about the cost of crops. New Delhi: The Cabinet’s decision to increase minimum support price (MSP) for Kharif crops, intended to appease farmers, does not seem to have struck the right chord. CCEA in its meeting on Wednesday approved an increase...
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 »Kharif MSP hike to cost Centre Rs 33,500 crore more -Vishwa Mohan and Dipak K Dash
-The Times of India NEW DELHI: Moving to fulfil its budget promise and address political heat over farmer discontent, the government is set to announce a new minimum support price (MSP) regime that will provide farmers a profit margin of 50% over cost of production. The additional bill is likely to be around Rs 33,500 crore. The new MSP, to be considered by the cabinet on Wednesday, will largely apply to paddy...
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