Minimum Support Price | The Asian Age

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Farmers protesting neat toll booth at DND flyway on Saturday. (Photo: ANI)

Day 2: Farmers' protests continue at DND flyway

Farmers have demanded that the affected families should be either provided employment or give Rs 5 lakh as compensation for self-employment.

02 Feb 2019 1:06 PM

They also want storage facilities, so they can hold their produce for a few days till they get remunerative prices

Veggie farmers struggle due to HP govt apathy

Himachal, popular for its apple economy, has emerged as a major vegetable producer in the past two decades.

26 Jan 2019 2:03 AM

Odisha CM Naveen Patnaik during a sit-in dharna, demanding the Centre to increase Minimum Support Price of paddy, in New Delhi.

BJD holds farmers’ rally, seeks hike in paddy MSP

In Bhubaneswar, the opposition BJP burnt effigy of CM Naveen Patnaik for forcing farmers for distress sale of paddy.

09 Jan 2019 5:38 AM

Many developed economies also have pro-farmer policies, and India, with over 50 per cent of its population dependent on agriculture, cannot but be pro-farmer.

Loan waivers are good politics, not economics

For agriculture to be viable, the farmer must get a minimum support price that is close to the market price.

21 Dec 2018 12:05 AM

The government had targetted an average monthly GST collection of over Rs 1.10 lakh crore this fiscal.

Flagship social security schemes facing cash crunch

Govt is already committed to spend over Rs 35,000 crore this fiscal for the poor and farmers across the country.

19 Nov 2018 11:19 AM

The protesting farmers had ended their march at Kisan Ghat in Delhi early on Wednesday after the police, which had stopped them on the city’s border, allowed their entry. (Photo: PTI/File)

Govt hikes rabi Minimum Support Price to defuse rural fury

Agriculture minister Radha Mohan Singh said MSPs for all rabi crops are higher than the cost of production ranging from 50-112 per cent.

04 Oct 2018 1:58 AM

The cabinet has approved a Rs 105 per quintal hike in wheat MSP to Rs 1,840 for 2018-19 season, Agriculture Minister Radha Mohan Singh said. (Photo: File | PTI)

After farmers march to Delhi, Govt hikes wheat MSP by Rs 105 per quintal

Cabinet Committee on Economic Affairs headed by Prime Minister Narendra Modi approved higher minimum support price for Rabi crops.

03 Oct 2018 7:56 PM

The Government on Wednesday announced 6 per cent hike in support price of wheat at Rs 1,840 per quintal, a move that will give farmers an additional income of Rs 62,635 crore and help contain their simmering discontent over high input cost and low sales realisation.

Cabinet hikes wheat MSP by Rs 105 per quintal for 2018-19

Government announced 6 per cent hike in support price of wheat at Rs 1,840 per quintal.

03 Oct 2018 7:31 PM

India's gold demand is likely to surge 25 per cent in the second half of this year on improved purchasing power of farmers owing to higher minimum support price (MSP) for crops announced by the government, says a report.

Higher MSP to drive 25 per cent surge in gold demand: report

India, the world's second biggest buyer of the precious metal, consumes 800-900 tonne of gold annually.

23 Sep 2018 1:21 PM

Hike in minimum support prices (MSPs) is expected to drive up farm prices. (Photo: PTI)

Rural demand to pick up on MSP hikes, farm loan waivers: report

As per the report, rising farm loan waivers will also push up rural income as general elections approach.

21 Sep 2018 3:54 PM

Under the PDP, the government will pay to farmers the difference between the MSP and monthly average price of oilseeds quoted in wholesale market.

Cabinet approves new procurement policy to ensure MSP to farmers

Under the new policy, the states will also have an option to choose the existing Price Support Scheme.

12 Sep 2018 2:07 PM

With growing import dependence on cooking oils, the government is likely to announce a over Rs 10,000 crore scheme under which oilseeds farmers will be compensated if the rates fall below the minimum support price.

Govt may announce Rs 10,000 cr scheme to ensure MSP to oilseeds growers

The new scheme will be implemented for up to 25 per cent of the oilseeds production of the state.

09 Sep 2018 1:33 PM

Protesters listen to a speaker during the ‘Mazdoor Kisan Sangharsh Rally’ organised by workers and farmers from various unions at Parliament Street in New Delhi on Wednesday. (Photo: Biplab Banerjee)

Sea of Red in city as farmers rally for rights

This government has cheated them (farmers and workers), this government has to be removed, says Sitaram Yechury.

06 Sep 2018 7:40 AM

The ongoing measures being taken to cut food subsidy are not sufficient, the panel said in its 22nd report placed in Parliament.

Government asked to contain rising food subsidy bill

Food bill is estimated to be Rs 1,38,123 crore in 2018-19 against the actual expenditure of Rs 1,04,901 crore in 2017-18.

07 Aug 2018 9:16 AM

The Reserve Bank on Wednesday pegged retail inflation at 4.8 per cent for the second half of current fiscal expecting increase in food prices due to hike in minimum support price (MSP). (Photo: AP)

RBI pegs retail inflation at 4.8 per cent for second half of FY 2019

Retail inflation has been projected to rise further to 5 per cent in the first quarter of next financial year 2019-20.

01 Aug 2018 4:13 PM

After independence, agriculture has mostly been a subject of 'Bhashanbaji' but in the past 10-15 years, innovative contributions from different quarters have started coming to the fore, Shah said. (Photo: File)

‘Not political statement’: Shah confident farmers’ income will double by 2022

BJP President Amit Shah said the goal will be achieved as the Centre and state governments are working in a mission mode.

21 Jul 2018 5:31 PM

FRP, which is the minimum price that sugar mills have to pay to sugarcane farmers, is Rs 255 per quintal for the 2017-18 season.

Govt hikes sugarcane price by Rs 20 per quintal to Rs 275

Sugar production in India is estimated to reach a record 32.25 million tonnes in the current 2017-18.

18 Jul 2018 3:42 PM

Narendra Modi will on Wednesday address a Kisan Kalyan rally in Punjab's Muktsar district. (Photo: PTI)

Narendra Modi to address Kisan Kalyan rally in Punjab to mark MSP hike

The rally will jointly be organised by the Shiromani Akali Dal (SAD) and Bharatiya Janata Party (BJP) in Malout.

11 Jul 2018 1:58 PM

The government's decision to hike the minimum support price (MSP) for 14 khariff crops would boost farmers' income, resulting in a huge rural demand push to the Indian economy, industry body Assocham said.

MSP hike to boost farm income and spur growth, says Assocham

The government increased the MSP for paddy by a record Rs 200 per quintal.

08 Jul 2018 3:18 PM

The result is, according to one report, only around seven per cent of the country’s 263 million farmers benefit by this MSP.

MSP hike: ‘Historical increase’ or jumla?

Modi should have announced this MSP in early June before the sowing season.

07 Jul 2018 12:06 AM

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Dilip Cherian