-Down to Earth Wheat and barley see the lowest increase in MSP announced by government; red lentils the highest The farmers’ protests in Delhi and north India are in their tenth month, with the guarantee of Minimum Support Price (MSP) for crops as one of the main demands. Even as they rage on, the Union government September 8, 2021 approved to increase the MSP for rabi 2022-23. The Cabinet Committee on Economic Affairs,...
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Wheat Purchase Price Up By 2%, Lowest In A Decade, Amid Farmers' Protest -Akhilesh Sharma
-NDTV MSP Hike: The minimum support price (MSP) for mustard seed has also been raised by ₹ 400 to ₹ 5,050 per quintal for the current crop year New Delhi: The centre has raised the price it will pay to buy new-season wheat from farmers by 2 per cent - the lowest in a decade - to ₹ 2,015 per 100 kg. The country is the world's second-biggest wheat consumer and sets...
More »Amid protests, Centre hikes minimum support price for rabi crops -Priscilla Jebaraj
-The Hindu The Centre has increased the minimum support price (MSP) for wheat for the upcoming rabi season to ₹2,015 per quintal, a 2% hike from the ₹1,975 per quintal rate of last year. Oilseeds and pulses such as mustard, safflower and masoor dal saw higher MSP increases of up to 8% in a bid to encourage crop diversification, according to a statement on the decision of the Cabinet Committee on Economic...
More »Private insurance companies benefitted the most from PM Fasal Bima Yojana: Report -Raju Sajwan
-Down to Earth Farmers yet to be paid Rs 5,724 crore for claims made in 5 years since scheme launch The Pradhan Mantri Fasal Bima Yojana (crop insurance scheme) may have benefitted some farmers but insurance companies surely made the most of it. In the five years since the scheme was launched, these companies received Rs 1,26,521 crore in premium payments and paid Rs 87,320 crore to farmers in loss claims — a...
More »What procurement data tells us about India’s farm law opposition -Arjun Srinivas & howindialives.com
-Livemint.com Amid a bumper wheat crop, India’s farmers sold more wheat to the government than ever before. Government procurement has only grown in recent years, making farmers wary of any attempt to dial back the role of the state in the farm sector This rabi marketing season has seen the highest procurement of wheat by government agencies in history. At 43 million tonnes, this is 33% higher than the average for the...
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