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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...

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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...

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'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...

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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...

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A right to sell at MSP: CACP wants legislation to ensure farmers benefit -Sanjeeb Mukherjee

-Business Standard The government's price-fixation panel backs legalising farmers' right to sell at MSP New Delhi: As the government goes on an overdrive to publicise the hike in Minimum Support Price (MSP), the question is how to ensure that farmers reap the benefits. Unless there is a regular procurement mechanism, MSPs will continue to have a notional value except, perhaps, for rice. The Commission for Agriculture Costs and Prices (CACP), the body which...

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