-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...
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Will raising minimum support price necessarily lead to higher inflation? -Sanjeeb Mukherjee
-Business Standard High MSPs could raise food prices, fear experts; some analysts say there will be marginal, crop-intensive impact To what extent will the government’s efforts to increase Minimum Support Prices (MSPs) and spread their benefits translate into food inflation? And if they do, which are the crops that will be instrumental in pushing the price level up? From the NITI Aayog to industry leaders to the Reserve Bank of India (RBI), all...
More »MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra
-Financial Express If the government implements the assured minimum support price at one and a half times the production cost, as promised, it would jack up consumer prices of jowar and distort the market dynamics of the “poor man’s cereal”. Besides, the measure would also dampen exports, analysts warn. At 150% of the cost (A2+FL), the MSP for jowar for the next season could be at least 37% higher than the...
More »Confusion over MSP -CP Chandrasekhar
-Frontline.in The government ought to have specified its definition of cost of crop production in the Budget to prevent any confusion in the minds of people on Minimum Support Prices. Speaking at the Krishi Unnati Mela 2018, Prime Minister Narendra Modi reportedly complained that confusion was being spread about the announcement on Minimum Support Prices (MSPs) made in the Finance Minister’s 2018 Budget speech. The speech had assured farmers that they would,...
More »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...
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