-Newsclick.in Govt. buys only about one third of the total rice and wheat produced and MSP is paid for that only. The recent announcement of Minimum Support prices for 14 kharif crops including paddy and many coarse grains has been met with a frenzy of self-congratulation by the Modi govt. and the BJP, egged on by an embarrassingly sycophantic mainstream media. Many have however pointed out that the declared MSP is...
More »SEARCH RESULT
New MSP: Govt fails to meet Swaminathan standards, yet again -Banjot Kaur
-Down to Earth While the Modi cabinet claims that land rent is included, calculations suggest otherwise The Narendra Modi cabinet made a big ticket announcement of increasing the minimum support price (MSP) of 14 kharif crops on Wednesday (July 4). Farmer agitations all across the country in the past few months have been focused on demanding that MSP be increased so it is at par with 1.5 times the cost of...
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 »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 »Fact Check: Has the BJP Really Fulfilled Its MSP Promise as It Claims? -Kabir Agarwal
-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...
More »