-The Hindu Business Line Farmers likely to switch over as oilseed prices are 67% higher Vs MSP Mustard is set to gain area from wheat and chana as farmers are seen planting more of the oilseed crop this rabi sowing season. The trade expects farmers to increase the area on account of higher prices and favourable climate, even as the early sowing has begun in the key producing States of Rajasthan and...
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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 »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
More »Why edible oil prices are ruling high despite good crop and muted demand -Tina Edwin
-MoneyControl.com India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on imports. The average retail prices of edible oils rose to their highest in May with soyabean oil prices climbing to nearly Rs 150 for a kilo and sunflower oil to Rs 170. The prices of both edible oils have jumped around 50% from the levels prevailing when the country was under a national...
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