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."
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.
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
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%
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
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
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.
A sharp increase in MSP rates due to rising costs raises the risk of higher food inflation but much depends on how the El Nino risk plays out during the monsoon season
Efficient agricultural commodity value chains powered by online platforms with transparent price discovery mechanisms will empower the government to deliver on the promise of doubling farmers’ income without stirring inflationary forces
The Congress’ unit for farmers also accused the BJP-led central government of not cooperating with farmers and reneging on its promises made to them following which, the year-long stir at Delhi borders was suspended.
It includes farmer representatives, state government representatives and central government officials
From working out the modalities of a floor price for agricultural produce to tackling rising commodity inflation while balancing the needs of end users and farmers, ensuring high productivity to contain food prices and putting in place a robust supply chain infrastructure, the government has its task cut out
Gandhi's comments came in the backdrop of Union Agriculture Minister Narendra Singh Tomar's recent response in Parliament saying there is "no” record of the deaths of farmers who died during protests against three farm laws.
Experience so far shows guaranteeing an MSP causes havoc on the ground. The solution to making farming viable lies elsewhere
The meeting comes a day after the bill repealing farm laws was passed in both the Houses of Parliament without debate and suspension of 12 Opposition Rajya Sabha members for ‘misconduct’ in the last session.
The highest absolute increase in MSP over the previous year has been recommended for lentil (masur), along with rapeseeds and mustard (Rs 400 per quintal each), followed by gram (Rs 130 per quintal).
Even with the pressure of farmer agitations, the government has not pressed the MSP pedal too hard this year. Capital markets may be happy but farmers, not as much
To make India’s farm effort weather proof, the urgent need now is for a more fine-tuned policy which does the right thing by allowing full play to market forces but also carefully designs incentives
The government’s move has prompted the Bharatiya Kisan Sangh, the farmers’ union affiliated to the RSS, to demand a rollback
The government’s procurement programme indicates it’s going out of its way to appease agitating farmers. Will it work?
These bodies can handhold their members through the maze of marketplace so that the farmers remain profitable
The Supreme Court has a well-defined role under the Indian Constitution. Its excursions beyond those boundaries have far-reaching, and counter-productive, consequences
Why is the apex court taking upon itself the burden not cast on it by the Constitution? Even if the court is moved by the plight of the farmers, it could exhort them to abjure their obstinacy in taking to the streets with alacrity
The court said that it is passing the order with the hope and expectation that both parties will take this in the right spirit and attempt to arrive at a fair, equitable and just solution to the problems.
According to a press release, the chief minister directed that farmers’ produce be procured without any delay and, if required, additional arrangements should be made for it.