Citing rising input costs, MP presses for higher wheat MSP

Image
Shashikant Trivedi New Delhi/ Bhopal
Last Updated : Jan 29 2013 | 2:34 PM IST

The Madhya Pradesh government has asked the Centre to raise minimum support price of wheat by Rs 250 a quintal from existing support price for the commodity. Chief Minister Shivraj Singh Chouhan has said input cost in farming has gone up significantly, as a result of which the Centre should provide more compensation to the farmers.

“Input price in agriculture in the state have gone up. The Center must consider rising process of fertilisers, seeds, diesel and power. They (Centre) must raise minimum support of price for wheat from existing 1350 per quintal to Rs 1600 per quintal,” Chouhan has said. State also offers Rs 100 per quintal bonus on procurement of the commodity.

Bhartiya Kisan Sangh has also separately demanded a considerable raise in wheat support prices. “Input cost has gone up to Rs 2700-2800 per quintal in lieu what they pay us just Rs 1350?” asks an office-bearer of the Sangh.

State had last year procured 86 lakh tones of wheat as wheat production was reported record high in the state. “The state,” according to a top official in Farmer welfare and agriculture department, “has chalked out a strategy to outsmart Uttar Pradesh and Punjab this year. And the growth rate in agriculture is likely to touch 20% against 18% in 2011.”

With buoyancy in availability of seed and fertilisers, Madhya Pradesh is the third largest wheat producing state in the country. Hoshangabad and Harda districts, for example, have reported highest productivity at 50 quintals per acre last year. With its contribution reaching 15 lakh ton in terms of productivity Hoshangabad is probably the highest wheat producing district in India.

Madhya Pradesh has estimated to procure more than 80 lakh ton this year again as almost all fifty districts have reported higher wheat sowing at 4.33 million hectare which is more than 30% over the previous year. State farmers mainly grow cultivated Lok-1 variety of wheat.

However poor warehousing facility and shortage of jute sacks had claimed one life of farmer in Bareli town (district Raisen), who was participating in protest, when police fired at the mob last year.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 15 2013 | 12:14 AM IST

Next Story