-The Indian Express NEW DELHI: The government’s ambitious minimum support price (MSP) scheme to improve farmers’ income has hit a roadblock as Niti Aayog missed the deadline to suggest a viable procurement model. Finance minister Arun Jaitley had announced in his Budget speech the government would ensure agriculture produce is procured at the revised MSP, which will be 1.5 times the production cost. The Centre had entrusted the think tank with...
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Farmer support: Centre looking to spend Rs 200-250 bn on MSP procurement -Sanjeeb Mukherjee
-Business Standard Decision likely soon, states will be free to adopt one or more of the models suggested New Delhi: The Central government is looking at spending a minimum of Rs 200-250 billion initially along with the states in ensuring that farmers get the benefit of Minimum Support Price (MSP) either through direct procurement of goods or a system of Price Deficiency Payment on the lines of Madhya Pradesh’s Bhawaantar Bhugtan Model. Officials...
More »From Plate to Plough: The right agri-support -Ashok Gulati & Tirtha Chatterjee
-The Indian Express Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices. With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The Centre and several state governments are searching for ways and means to support farmers. In his recent address (Mann ki Baat), the...
More »Govt eyes increasing millet output to 45 mt by 2030 -TV Jayan
-The Hindu Business Line Centre on a mission mode to promote these nutri-cereals New Delhi: The Centre is drawing up an ambitious plan to increase millet production in the country to 45 million tonnes (mt) by 2030 from the current levels of 17 mt, a senior Agriculture Ministry official said on Thursday. “The government would like to promote millets from this year onwards. This year has been declared as year of millets. Over...
More »Farmers sell mustard below MSP as government assures more centres -Parshant Krar
-The Economic Times Chandigarh: The ongoing procurement of mustard at a minimum support price (MSP) of Rs 4,000 per quintal in Haryana is hurtled by a lack in the number of collection centres. Farmers are selling the produce to traders at Rs 3,700-3,800 per quintal in the state as the logistic costs are too high to reach the collection centres in many districts in the state. Most of the farmers have sold...
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