-The Telegraph New Delhi: The Narendra Modi government on Wednesday raised the minimum support price for the common variety of paddy by what it described as a "historic" margin, seeking to address rural disquiet that the BJP has identified as one of its weaknesses in the run-up to key elections. However, a powerful lobby of farmers has termed it a "jumla" (an idiomatic expression that loosely translates as a hollow promise or...
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Why MSP at cost plus 50% is no big deal -Rajalakshmi Nirmal
-The Hindu Business Line The MSP for many crops is already 1.5 times cost; and procurement is either absent or very minimal except for paddy and wheat There has been much speculation on the Budget promise to farmers of 50 per cent return on cost of production. But this may not help farmers much, as many crops already enjoy 50 per cent profit at minimum support price (MSP), according to the price...
More »MSP for Jowar: At 150% of cost, it will distort market price -Prabhudatta Mishra
-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...
More »This price tracker tells farmers if the govt walks the talk on MSPs -TV Jayan
-The Hindu Business Line Ryot body comes up with mobile alert to track, compare prices New Delhi: If you are a farmer, that last notification on your phone could be an alert from the Jai Kisan Andolan. And no, it does not have to do with another Maharashtra-style agitation against the government. It is the JKA informing you of the latest price of your commodity in the country’s premier agricultural markets. MSPAlert, which...
More »Farmer groups flag pending vacancies in agri pricing panel -Sayantan Bera
-Livemint.com The positions of two non-official members representing farming community and one official member have been vacant for 2 years New Delhi: Following years of low crop prices and protests by farmers, the centre in its budget for 2018-19 promised to ensure remunerative prices for farmers through higher minimum support prices (MSPs). However, in the Commission for Agricultural Costs and Prices, or cacp— an office of the agriculture ministry mandated to recommend...
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