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Minimum Support Price

Announcement of purchase of soybean on MSP, will the matter be resolved by purchasing only on MSP?

Announcement of purchase of soybean on MSP, will the matter be resolved by purchasing only on MSP?

Mon, Sep 09, 2024

Announcement of purchase of soybean on MSP. Will soybean farmers get support? Will the issue be resolved by purchasing only on MSP? Know which other steps are necessary for good feelings?

Experts Demand on Sugar: What Changes Do Industry Leaders Want? Know Here

Experts Demand on Sugar: What Changes Do Industry Leaders Want? Know Here

Mon, Jul 29, 2024

What is the demand of experts on sugar? Watch Mrityunjay Kumar Jha's special conversation with sugar industry experts.

Sugar MSP Talks Continue, says Food Secretary Sanjeev Chopra in Exclusive Conversation With ZeeBiz

Sugar MSP Talks Continue, says Food Secretary Sanjeev Chopra in Exclusive Conversation With ZeeBiz

Mon, Jul 29, 2024

Negotiations on MSP of sugar continue... Decision in 2024-25 sugar season: Sanjeev Chopra, Dairy Products. Watch the orchestra, special conversation with Sanjeev Chopra

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SEA Demands Government Intervention As Mustard Prices Drop Below MSP

SEA Demands Government Intervention As Mustard Prices Drop Below MSP

Thu, Mar 02, 2023

Government agencies may soon increase the procurement of mustard. This time government procurement can start ahead of schedule. Not only this, the government can also increase the daily purchase limit. Orders on this can be issued today itself. Significantly, the Solvent Extractors' Association (SEA) of India, the main body of edible oil organizations, had demanded intervention from the government when the price of mustard fell below the Minimum Support Price (MSP).

Commodity Superfast: Cabinet Approves MSP Hike For 6 Rabi Crops | Watch This Video

Commodity Superfast: Cabinet Approves MSP Hike For 6 Rabi Crops | Watch This Video

Tue, Oct 18, 2022

The central government has given a big gift to the farmers before Diwali. A meeting of the cabinet and CCEA was held today under the chairmanship of Prime Minister Narendra Modi. The maximum increase in the MSP of lentils has been done by Rs 500 per quintal. The cabinet has increased the MSP of mustard by Rs 400 per quintal. At the same time, the MSP of jute has been increased by Rs 110 per quintal. All the recommendations of CACP have been approved by the cabinet.

Zee Biz Exclusive: Cabinet Decision On MSP Possible Today, MSP Of Rabi Crops May Increase By Up To 9%

Zee Biz Exclusive: Cabinet Decision On MSP Possible Today, MSP Of Rabi Crops May Increase By Up To 9%

Tue, Oct 18, 2022

The central government is preparing to increase the Minimum Support Price (MSP) of 6 Rabi crops including wheat and pulses by up to 9 percent. The government has sent the cabinet note. Cabinet approval is possible this week. Know full details from Tarun Sharma.

Modi government raises MSP for rabi, kharif crops for 2019-20

Modi government raises MSP for rabi, kharif crops for 2019-20

Tue, Mar 17, 2020

Government increases the Minimum Support Price (MSP) for Kharif and Rabi crops of 2019-20 season including Paddy, wheat, pulses and oilseeds on the line of fixing the MSP at a level of 1.5 times of the cost of production

Sugar Mills Facing Problems selling Sugar on MSP

Sugar Mills Facing Problems selling Sugar on MSP

Mon, Jun 03, 2019

sugar mills are under intense pressure, because sugar mills are facing a cash crunch as they also have to pay stipulated prices to buy cane from farmers at a time when there is a glut of sugar.

Not high enough? Modi govt hikes minimum support price (MSP) for key rabi crops, but farmers may not be too happy

Not high enough? Modi govt hikes minimum support price (MSP) for key rabi crops, but farmers may not be too happy

Fri, Oct 05, 2018

The government has once again increased the minimum support price (MSP) for key rabi crops, including paddy and mustard, just ahead of polls in states where these two crops are primarily grown.

Government may announce new crop procurement mechanism soon: Sources

Government may announce new crop procurement mechanism soon: Sources

Tue, Jul 10, 2018

According to the sources, the government will incentivise private players for purchasing crops from farmers at the MSP. It may also approve the formula under which the difference between the MSP and the market price will be paid directly by the government.

MSP hike to boost farm income, spur growth: Assocham

MSP hike to boost farm income, spur growth: Assocham

Mon, Jul 09, 2018

The BJP-led government had last week increased the MSP for paddy by a record Rs 200 per quintal that will cost the exchequer over Rs 15,000 crore, and help fulfil its poll promise to give farmers 50 per cent more than their cost of production.

When will government’s hike in MSP really impact inflation

When will government’s hike in MSP really impact inflation

Sat, Jul 07, 2018

The Reserve Bank of India (RBI) who is an inflation trajectory central bank feared that government’s decision to hike MSP prices for farmers, as according to the six-member Monetary Policy Committee (MPC) that would impact Consumer Price Index (CPI).

PM Narendra Modi hails decision on MSP as 'historic'

PM Narendra Modi hails decision on MSP as 'historic'

Thu, Jul 05, 2018

The Prime Minister`s remarks came after the Cabinet Committee on Economic Affairs approved MSP for notified agricultural crops to provide farmers a profit of 50 per cent over the cost of production.

RBI fears come true! Centre hikes MSP prices in Kharif crops, inflation set to spike

RBI fears come true! Centre hikes MSP prices in Kharif crops, inflation set to spike

Wed, Jul 04, 2018

While government is busy satisfying farmers demand, this has turned to be a bad news for inflation in India, which, as per RBI, will rise if MSP prices are hiked.

Steep hike in paddy MSP prices! Govt raises rates by Rs 200-1,750 per quintal

Steep hike in paddy MSP prices! Govt raises rates by Rs 200-1,750 per quintal

Wed, Jul 04, 2018

While the BJP had promised in 2014 to give farmers a price of 1.5 times of cost, an announcement to give effect to the promise was made in the government's fifth and final annual Budget presented on February 1 this year.

MSP, fiscal slippage, inflation force RBI tread cautiously

MSP, fiscal slippage, inflation force RBI tread cautiously

Thu, Feb 22, 2018

RBI kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%, raised CPI inflation target

Will MSP hike in Budget FY19 be inflationary?

Will MSP hike in Budget FY19 be inflationary?

Tue, Feb 06, 2018

The Finance Minister also decided to increase food subsidy by 21% or Rs 29,041 crore to Rs 1.69 lakh crore.

Agriculture stocks spike up to 6% on big push to rural India in Budget 2018

Agriculture stocks spike up to 6% on big push to rural India in Budget 2018

Thu, Feb 01, 2018

Agriculture-related stocks rallied up to 6 per cent on Thursday soon after the Finance Minister Arun Jaitley announced favourable measures such as hiking minimum support price (MSP), allocating more funds to rural-focused schemes to boost agriculture sector.

Niti Aayog suggests retaining tax exemption limit at Rs 2.5 lakh

Niti Aayog suggests retaining tax exemption limit at Rs 2.5 lakh

Fri, Aug 25, 2017

On direct taxes, the 211-page document said that the nominal tax exemption threshold should remain unchanged in a bid to include greater proportion of individuals in the tax net over time.

Niti Aayog may replace MSP with payment system to benefit farmers

Niti Aayog may replace MSP with payment system to benefit farmers

Fri, Aug 12, 2016

At the first stage, NITI Aayog will begin the system as 'pilot project' at two locations only and on Cotton commodity.

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