Minimum Support Price | The Asian Age

Saturday, Apr 20, 2024 | Last Update : 05:49 PM IST

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Niti Aayog on Thursday backed use of genetically modified (GM) seeds in India and called for reforms in MSP mechanism.

Niti Aayog pushes for GM seeds, suggests reforms in MSP mechanism

It said one measure that can help remove distortion in MSP system is the introduction of 'Price Deficiency Payment'.

25 Aug 2017 12:38 PM

CPI-M General Secretary Sitaram Yechury. (Photo: File)

Yechury attacks Centre, says govt treating farmers like 'terrorists'

The CPI-M has demanded a law which gives right to farmers to sell their produce at Maximum Support Price (MSP).

21 Jun 2017 12:47 PM

Government has approved Rs 200 higher MSP in case of tur, moong, urad, groundnut and soyabean.

Govt hikes paddy MSP by Rs 80 per qtl, pulses by up to Rs 400 per qtl

Urad MSP is now Rs 5,400 per quintal against Rs 5,000 in the previous year.

20 Jun 2017 6:06 PM

Congress leader Jyotiraditya Scindia (Photo: File)

Modi govt wants to make 'kisan mukt bharat': Jyotiraditya Scindia

Scindia also reiterated the demand to register an FIR against police officer

19 Jun 2017 5:49 PM

Sitaram Yechury to PM Modi: Fulfil MSP vow

The current MSP for various crops fixed by your government barely provides any returns to the farmer.

16 Jun 2017 2:09 AM

To provide relief to farmers hit by natural calamities, the government has decided to give two per cent interest subsidy for the first year on the restructured amount. (Photo: PTI)

Centre approves disbursal of short-term crop loans to farmers

Those who repay on time will get a three per cent rebate; that is, they will be charged only four per cent interest.

15 Jun 2017 3:35 AM

Farmers' agitation turns violent as they torch trucks at Mhow-Neemuch Highway in Mandsaur district of Madhya Pradesh. (Photo: PTI)

After Mandsaur, the storm may keep rising

Against this backdrop, prices will definitely undershoot all inflation targets, complicating life for the RBI further.

14 Jun 2017 2:39 AM

The Niti Aayog has advocated that the “price deficiency payment” can initially be introduced for one or two crops in a few districts of the country.

Niti Aayog plans alternative to minimum price system

This system would help decide the quantum of the subsidy & also meet the restrictions on the subsidy imposed by the World Trade Organisation

17 May 2017 1:50 AM

The proposal is under consideration as any bumper crop affects prices and farmers suffer as a result.

Maharashtra may give MSP for 22 crops

Proposal is to stabilise prices of sugarcane, rice, wheat, etc and items like milk and eggs.

03 May 2017 2:50 AM

Maharashtra Chief Minister Devendra Fadnavis

Maharashtra CM: Will take on black marketeers

The state government is trying to placate the increasing unrest among farmers over tur procurement in Maharashtra.

01 May 2017 1:35 AM

Food ministry in favour of hike in tur dal

The ministry is in favour of increasing import duty on tur dal from 10 per cent to 25 per cent.

24 Apr 2017 2:54 PM

Chief economic adviser Arvind Subramanian.

MSPs should have an expiry date, says Subramanian

Chief economic adviser says problem of lack of self-sufficiency in foodgrain production gave birth to MSP.

16 Feb 2017 1:07 PM

The Minister also assured that the Centre will procure pulses and other crops if rates fall below the minimum support price (MSP) level.

Farm growth in 2016-17 to be much better than last few years

The farm sector growth stood at 1.2 per cent in the 2015-16 fiscal due to drought.

29 Dec 2016 4:01 PM

MSP hike for crops historic, says Amit Shah

Modi government has announced a historic rise in the MSP of half a dozen crops, including wheat, gram and masur.

17 Nov 2016 1:35 AM

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Shobhaa De