-Newsclick.in If rise in input costs is compared with new MSP, then in real terms, MSP has been reduced for 11 out 14 Kharif crops, the leaders said. New Delhi: Terming it a “cruel joke” on farmers, farmer organisations on Thursday said that the increase in minimum support price (MSP) of 14 crops for Kharif season 2022-23 announced by the Centre merely covers the impact of inflated prices of inputs including seeds,...
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Mandi prices of most items above new minimum support prices, only pulses cheaper -Sandip Das
-Financial Express “Soyabean has been selling much above MSP, however, increase in MSP provides positive signals to farmers,” D K Pathak, executive director, Soyabean Processors Association of India, told FE. Mandi prices of several agricultural commodities for which the government had announced a 5-9% increase in minimum support prices (MSPs) for the 2022-23 season are currently ruling above the MSP. Only the prices of pulses are mostly ruling below the benchmark price. Mandi...
More »Diversify crops, shift rice to places that can support it: Central panel -Shagun
-Down to Earth Low returns and high risks from alternative crops among reasons past efforts failed, says report The Commission for Agricultural Cost and Prices (CACP) has recommended promotion of crop diversification, favouring oilseed crops amid the global inflation in oilseeds and vegetable oils prices. Global inflation creates a structural risk as vegetable oils account for about half of India’s agricultural import, subsequently raising the country’s agri-import bill, the commission wrote in its...
More »Mandi prices of wheat fall, but still marginally above MSP -Sandip Das
-Financial Express Traders say that only a small quantity of wheat crop is held by farmers currently, as major chunks have been purchased by traders by paying higher than MSP prices in anticipation of a surge in exports. Mandi prices of wheat were ruling just above the minimum support price (MSP) on Wednesday in Rajasthan, Uttar Pradesh, Gujarat and Delhi. Trade sources told FE that in Punjab and Haryana, arrivals of wheat in...
More »Devinder Sharma, a well-known trade and agriculture expert, interviewed by Rashme Sehgal (Newsclick.in)
-Newsclick.in Agri expert Devinder Sharma says today, as in the past, commodity trading, massive speculation and unfair terms of trade are behind rising food prices. As India battles food price inflation, Devinder Sharma, a well-known trade and agriculture expert, explains why Indian policymakers should boost farm incomes to revive the economy. “If farmers, comprising 50% of the country’s population, were to receive a higher income through a guaranteed MSP, it would create...
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