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Minimum Support Price for rice gave return of 50% over cost 13 times since 1996-97 -Roshan Kishore

-Hindustan Times The union cabinet announced Minimum Support Prices (MSPs) for the 2018-19 Kharif marketing season on Wednesday. MSPs for all crops are at least 50% more than the projected A2+FL cost of production. New Delhi: The union cabinet announced Minimum Support Prices (MSPs) for the 2018-19 Kharif marketing season on Wednesday. MSPs for all crops are at least 50% more than the projected A2+FL cost of production. Broadly speaking the A2+FL...

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Modi Government's 'Historic' MSP Hike Is Nothing More Than a Band-Aid for Farmers -Ishan Anand

-TheWire.in Not only has year-on-year MSP growth been much higher in previous years, the government still remains silent on how it will manage to increase procurement. The Narendra Modi government recently approved the decision to hike the minimum support price (MSP) for the kharif marketing season for 2018-19. The MSP for paddy has been increased by Rs 200 per quintal, and the MSP has gone up for other crops too. The minister of...

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MSP of 14 kharif crops hiked, millet growers to benefit -Vishwa Mohan

-The Times of India NEW DELHI: The Centre hiked on Wednesday the minimum support price (MSP) of 14 kharif (summer sown) crops for the 2018-19 marketing season, syncing it with BJP’s 2014 poll promise to provide farmers a profit margin of at least 50% over their cost of production for all the notified crops across the country. Seven of these 14 crops have reported hikes of nearly 20% or more as compared...

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Farmer unions welcome MSP hike for Kharif crops -Anand Patel

-IndiaToday.in New Delhi: Farmer unions have welcomed hike in Minimum Support Price (MSP) for Kharif crops announced by the Centre on Wednesday, but said that the increase was well short of their expectations. All India Kisan Sangharsh Coordination Committee (AIKSCC) the umbrella body representing 194 farmer unions from across the country, has called the hike as old wine in a new bottle. An AIKSCC statement said that the Cabinet decision to fix...

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Farmer angst stokes record pulses procurement in 2017-18 -Sayantan Bera

-Livemint.com According to Nafed, the central agency assigned to procure directly from farmers at government-set MSP, 6.34 million tonnes of pulses and oilseeds were purchased from about 3.5 million farmers till 22 June New Delhi: The central government procured a record Rs29,070 crore worth of pulses and oilseeds from farmers at minimum support prices (MSPs) in the 2017-18 crop season, arresting what could have been a sharper fall in wholesale prices. The procurement...

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