-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...
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Minimum support price of kharif crops raised by CCEA
-The Economic Times NEW DELHI: As sowing picks up across the country, the Cabinet Committee on Economic Affairs (CCEA) on Thursday approved increasing the minimum support prices (MSP) of kharif crops for 2013-14 crop year (July-June). The increase is expected to boost the sowing of paddy, cotton, oilseeds like soybean, millets and pulses crop in the country. On the basis of recommendations given by Commission for Agricultural Costs and Prices (CACP),...
More »Support price of paddy hiked by Rs 60 to Rs 1,310 per quintal
-PTI NEW DELHI: Amid expectations of normal rain, the government today approved a hike of Rs 60 in paddy support price (MSP) to Rs 1,310 per quintal in order to encourage farmers to grow more in the ongoing kharif season. The government also increased the minimum support price (MSP) of pulses and oilseeds by up to Rs 450 and Rs 320 per quintal, to boost ouput and reduce import dependence. "The Cabinet Committee...
More »Harvesting food security-Baba Mayaram
-The Hindu At the foothills of Datla mountain of Satpuda Valley in the Hoshangabad district of Madhya Pradesh is located the picturesque village of Dhadaw. Located on the banks of Dudhi River that also defines the boundary of the district, Dhadaw falls in the district's forest belt. Within the periphery of this village lies a world that has efficiently maintained the essence of traditional agricultural practices - a remarkable feat at...
More »Deciding who gets to eat -Brinda Karat
-The Hindu By allowing futures trade in food and diversion of farm land for commercial purposes, the UPA government is fuelling the price rise International agencies are warning of high food prices on a global scale in 2013 if urgent action is not taken. But our government shows little concern. The President’s address to Parliament had only a cursory mention of inflation. “Inflation is easing gradually, but is still a problem,” he...
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