-TheWire.in The government cannot procure the entire production of millets in the country and the only way to ensure profitability for millet farmers is to promote domestic consumption. On October 3, the government announced the minimum support prices (MSP) for Rabi crops that will be sown between October and December. While the MSP for wheat has been raised by 6.1%, that of safflower has seen an increase of 20.6%, the highest. These...
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Bearish signals: When minimum support price is only on paper
-The Indian Express For the Modi government and farmers, it’s not MSPs for rabi, but below-MSP rates for Kharif Crops now being marketed, that should really worry. New Delhi: Promising something is much easier than having the capacity to deliver. This is a reality that the Narendra Modi government may have to reckon with in the current kharif marketing season itself, even as it has announced a fresh round of minimum support...
More »India's Kharif crop output may hit all-time high this year; how it may impact rice exports, MSP
-Financial Express After government estimates said that Indian agriculture could be heading for bumper kharif crop harvest, experts say that it could provide a major fillip to rice exports. However, the development could potentially put increased pressure on the government to buy the crops at the MSPs, if market rates fall below the benchmark rates on bumper arrivals at mandis. According to government estimates production of kharif foodgrains for 2018-19 crop year...
More »Parts of Maharashtra face drought as monsoons near end -Shiv Kumar
-The Tribune Mumbai: Parts of Maharashtra are facing drought-like situation due to scanty rainfall in around 18 districts of the state, according to state government officials. All the affected districts lie in the politically sensitive Marathwada and Vidarbha regions and the Devendra Fadnavis government is coming under pressure to undertake drought-relief work right away. There is a major shortage of drinking water across Marathwada and people are dependent on tankers even for their...
More »Dry Bundelkhand gets rain bounty, acreage up by 5% to 1.1 mn hectares -Virendra Singh Rawat
-Business Standard The total kharif crop acreage in UP now stands at more than 9 Mn Ha, including 6 Mn Ha of paddy and 1.7 Mn Ha of pulses Lucknow: Bountiful rainfall in arid Bundelkhand region of Uttar Pradesh has not only ended the drought spell of previous years but has also translated into the kharif acreage rising by almost 50,000 hectares this year. The area under different kharif (summer) crops across 7...
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