NDA government fulfils its budget promise of providing MSP at 1.5 times cost
Farm wages have been stagnant, contracting by 1.5% in 2015-16 and growing 1.7% in 2016-17
The minister said the government has increased the MSP of Kharif (summer-sown) crops substantially and farmers community are now happy with this decision
A third of FMCG and durable sales come from rural areas and an uptick in rural consumption augurs well for these FMCG businesses, analysts tracking the market said
The new MSP for paddy had been fixed at Rs 1,750 per quintal. With the bonus, farmers in Chhattisgarh would be eligible to get Rs 2,050 for a quintal of yield that they would sell to the government
Sugar industry hoping cane acreage to settle at comfortable levels to prevent glut
During election campaigning in 2014, Modi promised steep hikes in MSPs and the doubling of farmers' income soon after becoming prime minister
Swaminathan said the economic and ecological health of agriculture was not good, and that was clear from the massive protests by kisan organisations and the re-occurrence of farmer suicides
MSP hike insufficient for pulses; Centre's procurement may decide sowing prospects next season
The government hiked the minimum support price for paddy by a record Rs 200 per quintal for 2018-19. It will cost the exchequer over Rs 150 bn
Coarse cereals MSP may see big rise, ragi MSP to rise by 900/qtl
The sample size of 8,100 farmers across 19 states has not changed in the last three decades, and the methodology of the sample survey too remains unchanged
The new guidelines for organic farming will come up for discussion
High MSPs could raise food prices, fear experts; some analysts say there will be marginal, crop-intensive impact
Consumers might have bear a portion of Centre's proposed move to guarantee a Minimum Support Price (MSP) which would be 50 per cent more than the cost through higher prices in the fast moving consumer goods (FMCG) space, S Sivakumar, group head, Agri-business and IT of one of India's largest agribusiness player, ITC Ltd said. He said while companies might absorb a part of the additional cost, once revised MSPs are in effect, they would also have to pass on some of the extra burden to the consumers."Higher farmers' income as a national priority is good and need of the hour but it will definitely mean higher consumer prices. And how much higher will those prices be will depend upon the market dynamics and how perfect they are," Sivakumar said. Sivakumar who regularly advised government and others on range of policy issues related to agriculture and food sector said that in the immediate consumer prices of wheat and pulses could be impacted and pushed up due to Centre's decision to ...
Even by conservative estimates, the MSP of raw jute could touch Rs 45000 per tonne. The pricing estimate is after taking into account all operational costs, inputs and family labour
MSPs for many crops are already higher than 1.5 times the paid-out costs and the estimated value of family labour
"Current MSP for various crops barely provides any returns to farmer," Yechury said
CCEA has approved Rs 100 per quintal hike in wheat MSP to Rs 1,625 per quintal for the 2016-17 rabi crop against Rs 1,525 per quintal last year
The government had fixed the MSP of common variety paddy at Rs 1,410 for 2015-16 kharif (summer) season