-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...
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With higher output, lower prices and likely import curbs, wheat may go the pulses way -G Chandrashekhar
-The Hindu Business Line The Indian wheat situation is turning worrisome, not because of the over-optimistic production estimate released by the Ministry of Agriculture recently, but because of the current price levels that provide no encouragement to farmers. Fraught with possibilities, the wheat may go the pulses way. The policy-makers may soon be forced to impose import restrictions in the form of higher tariffs. Output, prices To start with, no one in the trade...
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 »Niti Aayog misses deadline to suggest MSP procurement model, farmers continue to bear brunt -Anuradha Shukla
-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...
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...
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