Minimum Support Price (msp)

Cabinet raises paddy MSP by Rs 69 per quintal to Rs 2,369 for 2025-26 Kharif season

Union Minister Ashwini Vaishnaw said, "..MSP has been approved by the Cabinet for the Kharif marketing season 2025-26. The total amount is estimated to be around Rs 2,07,000 Crores. For every crop, cost plus 50 percent has been taken into consideration."

NITI panel report backs MSP, higher duties as rising edible oil demand poses 'challenge' to self sufficiency

India is a significant player in the global edible oil space, ranking fourth after the USA, China, and Brazil, accounting for 9-10% of total worldwide consumption.

Signals from MSP hikes for the FY25 Kharif season

It comes in the backdrop of a slow start to the monsoon, with all eyes on whether farm output will give a boost to rural income in the current fiscal

BJP-led government has helped sugarcane farmers recover crores of rupees in dues, says PM Modi

The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, on February 22, approved the Fair and Remunerative Price (FRP) of sugarcane for Sugar Season 2024-25 at Rs 340 per quintal at sugar recovery rate of 10.25%

Delhi Chalo March: Centre offers farmers 5-year plan to buy crops at minimum support price

The 'Delhi Chalo' agitation, which enters its sixth day on February 19, also involves farmers advocating for the implementation of the Swaminathan Commission's recommendations, pension for farmers and farm laborers, and the withdrawal of police cases

MSP can be legalised, but at crippling cost to economy, environment

Making the MSP for crops a legal guarantee will distort India’s agriculture market, increase prices of crops by 25-30%, hurt government finances and lead to indiscriminate use of resources, experts said, adding it will be a regressive policy move

JCI raw jute procurement may jump 50% in FY'24

The JCI is mandated by the government to carry out Minimum Support Price (MSP) operations for raw jute from farmers. This year, the average MSP price is Rs 5,050 per quintal.