Claims govt had so far done direct transfer of Rs 1 trn to farmers, of which Rs 25,000 crore had gone to cultivators in UP
The procurement of pulses and oilseeds has also increased
Business Standard looks at the MSP hikes of main rabi crops in the last 10 years and their percentage rise compared to previous years
Hikes are in line with long-standing govt policy of encouraging oilseeds and pulses cultivation to meet rising demand and deter farmers from growing wheat and rice which are already in abundance
Says though FRP has been raised several times the past few years, MSP has not been hiked the past 30 months
The government has procured record 43.33 million tonne of wheat in the 2021-22 rabi marketing season, the Food Ministry said on Monday. Wheat marketing season is from April to March, but bulk of procurement is normally done in the first 3-4 months. The previous record was 38.99 million tonne (MT) in the 2020-21 rabi marketing season. "Hitting an all-time high, 43.33 million tonne of wheat has been procured from most of the wheat procuring states after conclusion of current marketing season 2021-22," the ministry said in a release. About 49.15 lakh farmers have already benefitted from the current procurement operations with an MSP (minimum support price) value of Rs 85,581.39 crore, it said. However, procurement of paddy grown in the kharif season of 2020-21 is still continuing. Kharif paddy is procured between October and September. The ministry said paddy buying is continuing smoothly and so far 86.98 million tonne of paddy has been purchased as against 75.92 million tonne in th
A long-overdue increase in MSP could help clearing some of the dues, trade sources say; but inflation could be a concern
The Ministry of Consumer Affairs, Food & Public Distribution has said that the government has paid Rs 11,141.28 crore to the farmers as MSP in Uttar Pradesh as the state records highest ever procurement of wheat. It said, 58 per cent more wheat was procured in rabi marketing season (RMS) 2021-22 in Uttar Pradesh as compared to RMS 2020-21.
The commission does an elaborate exercise every year of meeting farmer groups and other stakeholders before announcing the kharif and rabi MSPs
Centre seeks to encourage farmers to move away from paddy to these crops as their domestic output is low and global prices have surged
Govt hikes paddy MSP by Rs 72 to Rs 1,940 per quintal for 2021-22 crop year from Rs 1,868 per quintal last year
Direct payment for crops will benefit farmers
Reforms and direct payment will benefit farmers
Commission agents say directly transferring money into farmers' accounts could put their loans in jeopardy
A sharp drop in returns could exacerbate farmers' woes and fuel the ongoing protest; rabi crops currently being harvested are grown mostly in the Northern parts of the country, the hotbed of the stir
Madhya Pradesh Agriculture Minister Kamal Patel on Monday said that farmers in the country will henceforth sell their produce at Maximum Retail Price rather than Minimum Support Price
On offer: Separate agri Budgets, free water, hike in direct transfers and a whole lot more
Uttar Pradesh government will purchase wheat directly from farmers from April 1 to June 15 under the Minimum Support Price Scheme. The wheat purchase will start from April 1 on the fixed minimum support price (MSP) of Rs 1,975 per quintal this year, Uttar Pradesh Food Commissioner Manish Chauhan said in an official statement. For selling wheat, it will be mandatory for farmers to register on the website of the Department of Food, which has been started. Farmers can register themselves on their own or through cyber cafes and public convenience centres, he said. He said a total of 6,000 purchasing centres are proposed this year, including those of the Food Department and other purchasing agencies, where wheat will be procured from farmers. The purchasing centres will operated from 9 am to 6 pm. For the convenience of farmers, online token system has been arranged this year under which farmers will be able to get tokens for the sale of wheat at the purchasing centre as per their ...
Prime Minister Narendra Modi on Friday interacted with India Inc for information sharing and brainstorming on Production Linked Incentive (PLI) schemes. Stay tuned for Latest LIVE news
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