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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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A right to sell at MSP: CACP wants legislation to ensure farmers benefit -Sanjeeb Mukherjee

-Business Standard The government's price-fixation panel backs legalising farmers' right to sell at MSP New Delhi: As the government goes on an overdrive to publicise the hike in Minimum Support Price (MSP), the question is how to ensure that farmers reap the benefits. Unless there is a regular procurement mechanism, MSPs will continue to have a notional value except, perhaps, for rice. The Commission for Agriculture Costs and Prices (CACP), the body which...

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'Jumla' tag on 'record' farm support prices -R Suryamurthy, Jayanta Roy Chowdhury and JP Yadav

-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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State's farmers discover there is life beyond rice and wheat, take to animal farming, fishery -Arjun Sharma

-Firstpost.com Chandigarh: With extensive rice farming in Punjab taking an increasing toll on groundwater reserves and soil health, government agencies are now asking farmers to diversify into profitable allied trades including dairy and pig farming and fisheries. Farmers are also being asked to cultivate crops other than paddy. Farmers in different parts of the state have started growing other, more profitable crops alongside rice. In a break with the fertiliser and pesticide-driven...

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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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