-The Indian Express NEW DELHI: The government’s ambitious minimum support price (MSP) scheme to improve farmers’ income has hit a roadblock as Niti Aayog missed the deadline to suggest a viable procurement model. Finance minister Arun Jaitley had announced in his Budget speech the government would ensure agriculture produce is procured at the revised MSP, which will be 1.5 times the production cost. The Centre had entrusted the think tank with...
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This price tracker tells farmers if the govt walks the talk on MSPs -TV Jayan
-The Hindu Business Line Ryot body comes up with mobile alert to track, compare prices New Delhi: If you are a farmer, that last notification on your phone could be an alert from the Jai Kisan Andolan. And no, it does not have to do with another Maharashtra-style agitation against the government. It is the JKA informing you of the latest price of your commodity in the country’s premier agricultural markets. MSPAlert, which...
More »Farmer support: Centre looking to spend Rs 200-250 bn on MSP procurement -Sanjeeb Mukherjee
-Business Standard Decision likely soon, states will be free to adopt one or more of the models suggested New Delhi: The Central government is looking at spending a minimum of Rs 200-250 billion initially along with the states in ensuring that farmers get the benefit of Minimum Support Price (MSP) either through direct procurement of goods or a system of Price Deficiency Payment on the lines of Madhya Pradesh’s Bhawaantar Bhugtan Model. Officials...
More »New MSP may drive up farmer income by 24% -Dipak K Dash
-The Times of India NEW DELHI: Prices available to farmers for their harvest could increase by about 15% as a result of the budget announcement to hike the Minimum Support Price (MSP), according to an estimate prepared by government’s think tank Niti Aayog. This is likely to raise the income of farmers by 24%, it has projected. While proposing three options in a draft document titled “Ensuring MSP Benefits to Farmers”, the...
More »Crop insurance scheme loses sheen as coverage area reduces
-The Tribune New Delhi: The Narendra Modi government’s flagship crop insurance scheme, launched with much fanfare two years ago, has witnessed negative growth this year as the coverage has reduced to 24 per cent of gross cropped area (GCA) in 2017-18 from 30 per cent in 2016-17. This, when the actual target for the current year was 40 per cent. Similarly, the number of farmers insured during both the kharif and rabi...
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