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Fear of food grain crisis due to open procurement; increasing MSP coverage the solution, say experts -Vivek Mishra

-Down to Earth Buffer stock of wheat and rice in Food Corporation of India godowns double the normal  The Union government has procured and stored record amount of food grain since 2018. Yet, farmers have not been getting a fair price for their crop. And a huge part of the country’s population is unable to access the food grains. Meanwhile, the Commission for Agricultural Costs and Prices (CACP) has recommended the Union government...

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Increase in MSP: Peanuts, say agricultural experts -Vivek Mishra

-Down to Earth Wheat and barley see the lowest increase in MSP announced by government; red lentils the highest The farmers’ protests in Delhi and north India are in their tenth month, with the guarantee of Minimum Support Price (MSP) for crops as one of the main demands. Even as they rage on, the Union government September 8, 2021 approved to increase the MSP for rabi 2022-23. The Cabinet Committee on Economic Affairs,...

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Amid protests, Centre hikes minimum support price for rabi crops -Priscilla Jebaraj

-The Hindu The Centre has increased the minimum support price (MSP) for wheat for the upcoming rabi season to ₹2,015 per quintal, a 2% hike from the ₹1,975 per quintal rate of last year. Oilseeds and pulses such as mustard, safflower and masoor dal saw higher MSP increases of up to 8% in a bid to encourage crop diversification, according to a statement on the decision of the Cabinet Committee on Economic...

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Retail edible oil prices to start softening from Dec: Food Secretary Sudhanshu Pandey

-PTI/ BusinessToday.in Retail prices of edible oils in India, which imports 60 per cent of its requirement, have shot up to 64 per cent in the past just one year, in line with the global developments Retail edible oil prices in the country will start softening from December with arrival of new crops and a possible decline in global rates, Food Secretary Sudhanshu Pandey said on Friday. Retail prices of edible oils...

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