The Commission for Agricultural Costs and Prices may recommend higher prices in its report. The Commission for Agricultural Costs and Prices (CACP) may recommend higher minimum support price (MSP) for cotton and sunflower in its report. “Cost of production for most crops have gone up by 10-30 per cent over the last year, due to higher inputs costs like labour and fodder. Cotton has fetched higher market prices compared to its MSP...
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CACP backs subsidy tool for hybrid rice use by Sanjeeb Mukherjee
The Commission for Agricultural Costs and Prices (CACP), the government's main advisory body on pricing policy for farm produce, has favoured a subsidy mechanism to encourage use of hybrid rice varieties. The commission's views are likely to be a part of the recommendations it plans to send to the government on pricing of farm produce. "China has gone ahead in hybrid rice and around 63 per cent of its total area is...
More »India's overflowing grain bins may lead to crisis, warns key farm panel by Rishi Shah
A key government panel has warned that the country's overflowing grain bins will lead to a crisis if the government did not come up with a plan to dispose of the stored grain . The Commission for Agricultural Costs and Prices (CACP) painted the grim picture in a presentation to Prime Minister Manmohan Singh last week. It said the Centre, which is the biggest buyer of grain in the country, was sitting...
More »NAC vs government
There is a fundamental inequality in the governance arrangement in New Delhi that continues to plague the United Progressive Alliance. Members of Congress party president Sonia Gandhi’s National Advisory Council feel they have the right to criticise the government and its functionaries all the time, while no one in government is willing to return the compliment. In an interview to this newspaper, (March 13) the self-proclaimed father of India’s green...
More »Panel recommends fixing of MSP for forest produce
A high-level committee appointed to examine introduction of minimum support price (MSP) for non-timber forest produce has recommended that a central agency be constituted to fix MSP for the produce collected by tribals and the price be fixed keeping in mind wages paid under National Rural Employment Guarantee Act (NREGA), transportation cost, value addition to the produce and local market prices. The committee, which was appointed in August last year...
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