Tag: Minimum Support Price

Paddy procurement in Odisha
Marginal Farmers Availing MSP Post Biggest Drop In Odisha, State Tops Country

The State’s marginal farmers own nearly 74.74 per cent of landholdings but could contribute a mere around 16.4 per cent of paddy procurement in 2019-20 and only 7.3 per cent till Jan1, 2021; Medium and large farmers in State own  around 1.13 per cent farmland but contributed 16.5 per cent of total paddy

Odisha Assembly Panel Proposes 7-Year Jail For Procuring Paddy Below MSP

Bhubaneswar: The Standing Committee-IX of the Odisha Assembly on Monday submitted three proposals to the State government, including seven years jail term for those procuring paddy from farmers below the fixed Minimum Support Price (MSP). A meeting of the Standing Committee-IX headed by Narasingha Mishra was held today and reportedly discussed on several issues pertaining […]

Farm Bills: MSP Will Continue Like Before, Reiterates Dharmendra Pradhan; Opposition Fires Salvo

Bhubaneswar: Amidst the protest from the opposition and a section of farmer’s organisations across the State and the country, Union Minister Dharmendra Pradhan on Saturday reiterated that farm bills are the need of the 21st century and the minimum support price (MSP) based procurement of agriculture crops from farmers will continue like before. While addressing […]

CCEA clears 50-83% MSP hike for 14 kharif crops

New Delhi: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, here on Monday, approved 50-83 per cent rise in the Minimum Support Price (MSP) of 14 Kharif crops for the 2020-21 marketing season. The highest MSP rise was proposed for nigerseed (Rs 755 per quintal), followed by sesamum (Rs 370 […]

Govt hikes wheat MSP by Rs 85/qtl; pulses up to Rs 325/qtl

New Delhi: The government on Wednesday increased the minimum support price (MSP) for wheat by Rs 85 to Rs 1,925 a quintal and for pulses by up to Rs 325 per quintal, official sources said. A decision in this regard was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by […]

Farmer suicides have fallen in five years: Rajnath

New Delhi: The number of farmer suicides has declined in the last five years, Defence Minister Rajnath Singh said on Thursday, blaming successive Congress governments for the present plight of farmers in the country. Singh said this in the Lok Sabha while responding to allegations of Congress leader Rahul Gandhi who blamed the Centre for […]

Paddy procurement
Centre hikes paddy MSP by 3.7 pc to Rs 1,815 per quintal for 2019-20 crop season

New Delhi: The government has raised the minimum support price (MSP) of paddy, a key kharif crop, by 3.7 per cent to Rs 1,815 per quintal for the 2019-20 crop season, said Agriculture and Farmers Welfare Minister Narendra Singh Tomar Wednesday. The MSP for paddy has been increased by Rs 65 per quintal, Jowar by […]

First Modi 2.0 Cabinet extends PM Kisan scheme to more farmers

New Delhi: In a major push to boost rural consumption, the Modi government in its first Cabinet meeting decided to cover all the farmers, irrespective of their land holdings, under PM Kisan scheme that promises to transfer Rs 6,000 in their bank accounts. The revised scheme envisages to cover 2 crore more farmers with an […]

Budget may hike farm funds by 30%, raise subsidy: Sources

New Delhi: Continuing its focus on the stressed agriculture sector in the upcoming full Budget in July, the Finance Ministry is likely to increase allocation by a minimum 30 per cent over the interim Budget figures, as well as announce a flagship farmers’ scheme, official sources said on Friday. Sources privy to the budget preparations […]

Cabinet approves MSP of Rs 3,950 per quintal for raw jute

New Delhi: The Cabinet Committee on Economic Affairs on Wednesday approved an increase in the Minimum Support Price (MSP) for raw jute by Rs 250 to Rs 3,950 per quintal for 2019-20 season. The new MSP would yield returns of 55.81 per cent over the production cost of fair average quality of raw jute, which […]