-ThePrint.in The two states earned a lot of flak during the farmers’ agitation for demanding continuation of the existing system of APMCs and MSP operations. The global events of the last one year, especially during the Russia-Ukraine war, have again shown the importance of food security to the world. It is critical for India too as it has to provide food to a large population of about 1.39 billion people. Punjab and...
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Rabi MSP sends wrong signals -Nilanjan Ghosh
-The Hindu Business Line Millets such as ragi deserve higher support prices as they are important for nutrition and water efficiency The CACP recommendations on Minimum Support Prices (MSP) for the mandated six Rabi crops — wheat, barley, gram, lentil, rapeseed and mustard, and safflower — are arrived by considering several factors. These include the cost of production, supply and demand situation of various crops in domestic and global markets, domestic and world...
More »Will the government’s MSP calculations hold? -Roshan Kishore
-Hindustan Times There is good reason to ask whether the latest MSP hike will be enough to meet the government’s requirements. Open market prices of wheat are quite high and the government has already eaten into its excess stocks. The Union Cabinet announced the minimum support price (MSP) for wheat and other Rabi (winter) crops for the 2023-24 Rabi Marketing Season (RMS) on Tuesday. For wheat, the most important Rabi crop from...
More »Wheat MSP hiked by Rs 110/quintal
-The Tribune New Delhi: The Union Cabinet today approved a hike of up to 9 per cent in the minimum support price (MSP) of six rabi crops for next year’s marketing season, with a Rs 110 per quintal increase for wheat to boost domestic production and the income of farmers. The wheat MSP has been raised from Rs 2,015 to Rs 2,125 a quintal, a hike of 5.46 per cent. The highest...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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