-The Hindu Business Line New Delhi: The Narendra Modi government has betrayed farmers on its promise of providing remunerative minimum support prices (MSP) by announcing floor prices for rabi crops for 2018-19 far below the promised C2+50 per cent, All India Kisan Sabha (AIKS) said on Thursday. “What is notable is that this comes just after the much-hyped claims after farmers’ protests on Tuesday that the BJP will address all concerns of...
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Wheat price up but 'not enough'
-The Telegraph The 6.1 per cent hike in the MSP is expected to disburse a cumulative additional income of Rs 62,635 crore. New Delhi: The Centre has increased the minimum support price for wheat, the main rabi crop, by Rs 105 to Rs 1,840 per quintal (100kg), a day after police clashed with farmers demanding a higher support price and loan waivers. The 6.1 per cent hike in the MSP is expected to...
More »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 »Govt penalizes insurers for delay in settling crop insurance claims -Sayantan Bera
-Livemint.com While farmers will receive a 12% penal interest payment for delays in settling claims, state governments will be penalised if they delay in depositing their share of subsidies New Delhi: Faced with a sharp decline in the number of farmers signing up for its flagship crop insurance scheme, the centre on Tuesday imposed a 12% penalty on insurance companies for delayed settlement of claims. Under the new guidelines that will take effect...
More »India targets slight increase in 2018-19 foodgrain output -Priscilla Jebaraj
-The Hindu M.P., Gujarat likely to opt for new payment scheme Despite patchy rainfall in some parts, the Agriculture Ministry has set a foodgrain production target of 285.2 million tonnes for 2018-19, a marginal increase from the previous year’s harvest of 284.8 million tonnes. Rainfall deficit during the current monsoon season is now at 10%, according to the Indian Meteorological Department. “Some areas got extra rainfall, some areas were deficient. But in spite of...
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