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...
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Centre announces hike in MSP for paddy, pulses, oilseeds -Priscilla Jebraj
-The Hindu Farmer groups unhappy with the increase in paddy price. The Central government has hiked the minimum support price (MSP) for common paddy to ₹1,940 a quintal for the coming kharif season, less than 4% higher than last year’s price of ₹1,868. The decision was taken by the Cabinet Committee on Economic Affairs on Wednesday. In a bid to encourage crop diversification, there were slightly higher increases in the MSP for pulses, oilseeds...
More »Kharif Outlook: Farmers may opt for soyabean, groundnut instead of cotton
-The Hindu Business Line Question over pulses acreage linger; MSP, rainfall could decide growers crop choice “I will cultivate soyabean this year. Prices for it are ruling at over ₹7,000 a quintal and I will go for it,” says Sunil Mukhati, a farmer near Indore in Madhya Pradesh. “But it is not the case with all my co-farmers. Some of them plan to grow corn and some pulses (moong or green gram),” he...
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...
More »It's Time Agricultural Production Kept Pace With India’s Changing Food Preferences -Seema Bathla and Siraj Hussain
-TheWire.in Going forward, processed foods, with both low and high levels of secondary processing, offers significant potential for non-farm jobs, and equally makes agriculture remunerative. India takes pride in producing surplus food-grains, oilseeds, spices, milk, fruits and vegetables. Many a time, due to a large supply of agricultural produce, market prices crash, leaving the farmers out in the cold. Low bargaining power, lack of storage infrastructure and inadequate cold storage facilities in the...
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