-Down to Earth While the Modi cabinet claims that land rent is included, calculations suggest otherwise The Narendra Modi cabinet made a big ticket announcement of increasing the minimum support price (MSP) of 14 kharif crops on Wednesday (July 4). Farmer agitations all across the country in the past few months have been focused on demanding that MSP be increased so it is at par with 1.5 times the cost of...
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Fact Check: Has the BJP Really Fulfilled Its MSP Promise as It Claims? -Kabir Agarwal
-TheWire.in While the government has claimed that it has fulfilled its promise of MSP at cost plus 50%, the claim is misleading. The MSPs fall short of offering returns at 50% over comprehensive cost of production, as the BJP had promised prior to 2014. New Delhi: On July 4, the Narendra Modi-led government at the Centre announced the Minimum Support Prices (MSP) for the 2018-19 kharif season. In a tweet, Narendra Modi...
More »Minimum support price for paddy hiked by Rs. 200 a quintal -Vikas Vasudeva & Priscilla Jebaraj
-The Hindu The Union government looks to fulfil its poll promise of giving farmers 50 per cent more rate than their cost of production. In keeping with the promise made in this year’s Budget speech, the Union Cabinet has approved a hike in Minimum Support Prices (MSPs) for kharif crops so that they are 50% higher than the cost of production, not including land costs. This includes a ?200 per quintal increase in...
More »'Jumla' tag on 'record' farm support prices -R Suryamurthy, Jayanta Roy Chowdhury and JP Yadav
-The Telegraph New Delhi: The Narendra Modi government on Wednesday raised the minimum support price for the common variety of paddy by what it described as a "historic" margin, seeking to address rural disquiet that the BJP has identified as one of its weaknesses in the run-up to key elections. However, a powerful lobby of farmers has termed it a "jumla" (an idiomatic expression that loosely translates as a hollow promise or...
More »A right to sell at MSP: CACP wants legislation to ensure farmers benefit -Sanjeeb Mukherjee
-Business Standard The government's price-fixation panel backs legalising farmers' right to sell at MSP New Delhi: As the government goes on an overdrive to publicise the hike in Minimum Support Price (MSP), the question is how to ensure that farmers reap the benefits. Unless there is a regular procurement mechanism, MSPs will continue to have a notional value except, perhaps, for rice. The Commission for Agriculture Costs and Prices (CACP), the body which...
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