Msp For Crops

Next meeting with protesting farmers on February 22: Pralhad Joshi

This comes after Joshi met the farm leaders who are pressing on the demands of the protesting farmers sitting at the Khanauri border in the Sangrur district of Punjab

Govt sets wheat procurement target at 30 MT for 2025-26 rabi season

The government has set a conservative wheat procurement target of 30 million tonnes for the 2025-26 rabi marketing season, sources said. The lower procurement target comes despite the Agriculture Ministry aiming for a record wheat production of 115 million tonnes in the 2024-25 crop year (July-June). For the 2025-26 rabi marketing season starting April, the minimum support price for wheat has been fixed at Rs 2,425 per quintal. The procurement target was set following discussions with state food secretaries, the sources added. The Food Corporation of India (FCI) and state agencies conduct wheat procurement to ensure farmers receive minimum support prices and to meet welfare scheme requirements. In 2024-25, government wheat procurement reached 26.6 million tonnes against a target of 30-32 million tonnes. While this exceeded the 26.2 million tonnes procured in 2023-24, it fell short of that year's 34.15 million tonne target. Wheat procurement in 2022-23 was just 18.8 million tonnes

MSPs ensured minimum return of 50% over production cost in 2023-24: RBI

The minimum support prices (MSPs) for both kharif and rabi seasons 2023-24 ensured a minimum return of 50 per cent over the cost of production for all crops, said the Reserve Bank's Annual Report released on Thursday. The overall public stock of foodgrains as on March 31, 2024 stood at 2.9 times the total quarterly buffer norm, the report said. On November 29, 2023, the government extended the scheme of free distribution of foodgrains under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) for five more years, effective from January 1, 2024. The report, which is a statutory report of RBI's central board of directors, noted that the agriculture and allied activities faced headwinds from the uneven and deficient south-west monsoon (SWM) rainfall coinciding with strengthening El Nino conditions. The overall SWM rainfall in 2023 (June-September) was 6 per cent below long period average (LPA) at the all-India level. As per the second advance estimates, the production of kharif and r

BS Manthan: Explore contract farming, MSP law no solution, says agri expert

Business Standard Manthan 2024: Agri economist Ashok Gulati, while discussing the agriculture sector, suggested why alternative policy options such as contract farming are better than MSP

Will legalising MSP reduce import Bill of edible oils and pulses?

Contrary to popular perception, India has a trade surplus in agriculture and allied activities, which stood at $18.65 billion during 2022-23 against $15.92 billion in the previous year

Farmers' protest: Barrier removed for commuters at Singhu, Tikri borders

On Sunday, the city police removed two huge cement barriers for those commuters who walk towards Delhi using a small passage at the Singhu and Tikri borders

Farmers' march on 'standby' till Feb 21 as Centre offers MSP proposal

The farmer leaders said that they will hold discussions on the government's proposal on MSP and the march will resume 'peacefully' on February 21

Farmers' protest: Centre proposes 5-year plan to buy pulses, maize at MSP

A panel of three Union ministers on Sunday proposed the buying of pulses, maize, and cotton crops by government agencies at minimum support prices for five years after entering into an agreement with farmers. Speaking to the media after a more than four-hour-long meeting with farmer leaders here, Union Minister Piyush Goyal said the innovative and out-of-the-box idea came up during the discussions. The minister said the farmer leaders will decide on the proposals put forward by the government by Monday morning. "Cooperative societies like the NCCF (National Cooperative Consumers Federation) and NAFED (National Agricultural Cooperative Marketing Federation of India) will enter into a contract with those farmers who grow 'tur dal', 'urad dal', 'masoor dal' or maize for buying their crop at MSP for next five years," said Goyal. There will be no limit on the quantity (purchased) and a portal will be developed for this," he added. It will save Punjab's farming, improve the groundwater

Delhi chalo march: Govt needs to present a better deal for angry farmers

While the new laws aimed to make the mandis - and their notoriously extractive middlemen - irrelevant, the farmers read them as a sign that the six-decade-old price mechanism itself would be scrapped

Farmer leaders to inform about decision on govt proposals by Feb 20: Goyal

"The farmers' union will tell us their decision by morning. We will also have discussions with NCCF and NAFED after returning to Delhi," he added

Farmers wait to reap Madhya Pradesh govt's wheat MSP poll promise

Wheat prices are ranging between Rs 2,700 and Rs 3,000 per quintal in the open markets of Madhya Pradesh. If the government fails to give bonus, wheat procurement is likely to fall short of the target

Farmers to march to Delhi on February 13, demand legal guarantee for MSP

Farmers will march to Delhi on February 13 to press the Centre for accepting several demands, including enactment of a law to guarantee MSP for crops, a top farm leader said on Monday. Samyukta Kisan Morcha (Non-Political) leader Jagjit Singh Dallewal claimed more than 200 farmers' unions from across the country will participate in the "Delhi Chalo" march. These unions are part of the Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha. The Samyukta Kisan Morcha (Non-Political) is a breakaway faction of the Samyukta Kisan Morcha. Addressing reporters in Chandigarh, Dallewal alleged that the Centre had made a commitment for giving legal guarantee to Minimum Support Price (MSP) when the farmers protested against the three now-repealed farm laws. But the government is not fulfilling its promise because of pressure from the corporate sector, Dallewal claimed. He said preparations for the march have been going on with farmers taking out tractor rallies at many places. "

Tikait accuses govt of misleading people over MSP, says stir will continue

BKU leader Rakesh Tikait on Friday accused the Centre of misleading people over the minimum support price for crops and said the stir for it will continue. Tikait said this while addressing the farmers who are protesting for the past 65 days against the acquisition of 1,810 acres by the government. Tikait said the government must pass a bill in Parliament, ensuring MSP for crops. He also alleged that the government is not ready to talk on farmers' issues. "Some traitors are roaming in the name of farmer leaders who speak the language of the government. The government is cheating the farmers but the farmers' fight will not end. Farmers will not bow down to the arbitrariness of the government," he said.

No adverse impact of wheat ban on farmers; domestic prices above MSP: Tomar

Neither there is a wheat crisis in the country, nor an adverse impact of export ban of the commodity on farmers' income, agriculture minister Narendra Singh Tomar informed Parliament on Friday. Domestic wheat prices are ruling above Minimum Support Price (MSP) even after the export ban, he said. Tomar, in his written reply to a question in the Rajya Sabha, said the country's wheat production is pegged at 106.41 million tonnes in 2021-22 according to the government's third advance estimate. The government's third wheat estimate is slightly lower than previous year, but the minister said it is above the average annual wheat production of 103.89 million tonnes achieved during the last five years since 2016-17. In 2020-21, the country's wheat production stood at 109.59 million tonnes. According to the minister, "There is no wheat crisis in the country, as India produces wheat more than its domestic requirement." In order to manage the overall food security of the country and to suppo

MSP policy for crops has little impact on 'meaningful procurement': Report

If the very low extent of procurement under the MSP is any indication, the very scheme is inefficient, given the low intake and massive price differences between the support and market prices

Govt hikes MSP for paddy, other kharif crops as sowing season begins

The support price of 'A' grade variety of paddy has been hiked to Rs 2,060 per quintal from Rs 1,960.

Go against the grain: Open markets fetched lower prices than MSP

Analysis of 2019 study shows clear decline in the dominance of APMCs and rise of local traders in agricultural marketing

Farmers ready to talk if govt invites, no change in demands: Rakesh Tikait

BKU leader Rakesh Tikait on Sunday said the dialogue would resume where it had ended on January 22 and the demands remain unchanged

Farm solutions

States will be forced to pay attention to farmer needs

Weighing the pros and cons of the call for making MSP a legal right

Making purchases below the minimm support price unlawful might at best help a limited set of farmers, but it could also end up hurting a large section of the population