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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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Farmer unions welcome MSP hike for Kharif crops -Anand Patel

-IndiaToday.in New Delhi: Farmer unions have welcomed hike in Minimum Support Price (MSP) for Kharif crops announced by the Centre on Wednesday, but said that the increase was well short of their expectations. All India Kisan Sangharsh Coordination Committee (AIKSCC) the umbrella body representing 194 farmer unions from across the country, has called the hike as old wine in a new bottle. An AIKSCC statement said that the Cabinet decision to fix...

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Minimum support price for paddy hiked by Rs. 200 a quintal -Vikas Vasudeva & Priscilla Jebaraj

-The Hindu The Union government looks to fulfil its poll promise of giving farmers 50 per cent more rate than their cost of production. In keeping with the promise made in this year’s Budget speech, the Union Cabinet has approved a hike in minimum support prices (MSPs) for kharif crops so that they are 50% higher than the cost of production, not including land costs. This includes a ?200 per quintal increase in...

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India needs both price and income support for farmers -Soumya Kanti Ghosh and Debashis Padhi

-Livemint.com The concerns about the downsides of these schemes are overblown, and they could go some way in alleviating rural woes Since the Union Budget 2018-19, there has been a great deal of discussion in the public domain regarding the health of the rural sector. We believe that the rural sector needs some policy intervention, be it price support or income support. As a case in point, the agri gross domestic product...

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Kharif sowing on, but no word on MSPs -Priscilla Jebaraj

-The Hindu Farmers may be hit as NITI Aayog proposal on shifting burden to States delays decision The monsoon has arrived in northern India and is expected to cover the whole country in the next few days, but farmers are still waiting for the announcement of the minimum support prices (MSP) for major crops. The Modi government had promised that this year the MSPs would be set at least 50% higher than production...

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