-Newsclick.in Govt. buys only about one third of the total rice and wheat produced and MSP is paid for that only. The recent announcement of Minimum Support Prices for 14 kharif crops including paddy and many coarse grains has been met with a frenzy of self-congratulation by the Modi govt. and the BJP, egged on by an embarrassingly sycophantic mainstream media. Many have however pointed out that the declared MSP is...
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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...
More »'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...
More »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...
More »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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