-The Tribune New Delhi: The Union Cabinet today approved a hike of up to 9 per cent in the minimum support price (MSP) of six rabi crops for next year’s marketing season, with a Rs 110 per quintal increase for wheat to boost domestic production and the income of farmers. The wheat MSP has been raised from Rs 2,015 to Rs 2,125 a quintal, a hike of 5.46 per cent. The highest...
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PM expresses concern over high import bill of edible oils, fertilisers; calls for action in mission mode
-PTI/ The Tribune Says out of total imports, maximum is spent on edible oils, fertilisers and crude oil New Delhi: Prime Minister Narendra Modi on Monday expressed concern over India’s high import bill for edible oil, fertilisers and crude oil, and said there is a need to work in a mission mode to make the country self-reliant and reduce import dependence. With international energy prices soaring after the Russia-Ukraine War, India will spend...
More »Chhattisgarh government to procure pulses at Minimum Support Price -Ritesh Mishra
-Hindustan Times Chhattisgarh chief minister Bhupesh Baghel said the procurement of the pulses at support price will boost income of farmers RAIPUR: Chhattisgarh Chief Minister Bhupesh Baghel on Monday launched the procurement drive of pulses, urad, arhar, and moong at Minimum Support Price (MSP) at 20 procurement centres across the state, underlining that the move will encourage farmers to grow pulses and promote the cultivation of pulses in the state. “The procurement of...
More »Crop insurance is not the perfect medication for farmers, says economist -Nagesh Prabhu
-The Hindu A book brought out by NABARD, authored by R.S. Deshpande, says Pradhan Mantri Fasal Bima Yojana carries the baggage of the earlier failed crop insurance schemes A book on the theme “Rainfed Agriculture and Droughts in India” (2022) brought out by the National Bank for Agriculture and Rural Development (NABARD) argues that crop insurance is not a “perfect medication” any more for farmers hit by natural calamities such as floods...
More »The future of farmer producer companies could be brightened -Vijay Avinandan, Manmeet Kaur and Anuradha Saigal,
-Livemint.com Tackle deficiencies of capital mobilization, access to state provisions and women’s participation to boost FPCs across India. In 2017, the Indian government reaffirmed its commitment to reduce rural distress among nearly 93 million farming households through efforts to double farmers’ income. What has been remarkable is the emergence of farmer producer companies (FPCs) as a viable way of supporting this approach. The last two years have been tumultuous. Pro-market legislation introduced in...
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