-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...
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Agri plan with Rs 33,000cr outlay to go on for 2 yrs
-The Times of India NEW DELHI: In its effort to double farmers’ income by 2022, the government on Wednesday approved continuation of the agri umbrella scheme—‘Green Revolution - Krishonnati Yojana’—with a central outlay of over Rs 33,269 crore till March 31, 2020. The programme was launched last year after clubbing the existing 11 different schemes for better implementation and monitoring. The 11 schemes, focussing on creating/strengthening of infrastructure of production, reducing...
More »Govt hikes wheat MSP by Rs 110 per quintal; pulses, Rs 200 per quintal
-PTI According to sources, the CCEA approved Rs 110 per quintal hike in wheat MSP to Rs 1,735 per quintal for the 2017-18 rabi crop, up from Rs 1,625 per quintal last year. The government today increased the minimum support price (MSP) of wheat by Rs 110 to Rs 1,735 a quintal and of pulses by Rs 200 per quintal to help boost the output of these crops and check prices,...
More »Record increase in sown area under pulses during kharif 2016-17, shows latest data
A fall in the rate of inflation (on point to point basis) in Consumer Food Price Index (CFPI) from 8.35 percent in July to 5.91 percent in August this year is indicative of the positive developments that has taken place during recent months in the agricultural sector, which is expected to further cool off food prices in the near future. A document from the Ministry of Agriculture and Farmers Welfare...
More »Govt may increase MSP for rabi crops by 10% -Sandip Das
-The Financial Express Likely to give bonus of up to Rs 425 per quintal on pulses In a bid to boost production of pulses and oilseeds, the government is likely to announce 5 to 10% hike in minimum support price (MSP) for the rabi crops, including wheat, barley, gram, masur and mustard, for the 2016-17 season besides a bonus on pulses in the range of Rs 250 to Rs 425 per quintal. Sources...
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