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  • Agri-derivatives: Should India learn from Indonesia? March 31, 2023 06:35 PM IST

    Agri-derivatives: Should India learn from Indonesia?

    While India continues to ban key agricultural futures contracts, labelling them as a villain in food inflation, Indonesia has been planning to encourage the domestic futures market to channelise local supplies and exports of Crude Palm Oil (CPO)

  • Farmers, workers begin Nashik-Mumbai foot march led by CPI(M) over onion prices & forest land rights among other demands March 13, 2023 02:01 PM IST

    Farmers, workers begin Nashik-Mumbai foot march led by CPI(M) over onion prices & forest land rights among other demands

    In the first state budget rolled out by the Maharashtra government led by the Eknath Shinde-headed Shiv Sena and the Bharatiya Janata Party (BJP) on March 9, the focus was on the welfare of farmers and development of the agriculture sector.

  • Budget 2023 expectations from consumption & retail: Cautiously optimistic, especially rural markets January 19, 2023 03:07 PM IST

    Budget 2023 expectations from consumption & retail: Cautiously optimistic, especially rural markets

    The government is likely to prefer indirect transfer of income which creates a multiplier effect on the economy to boost consumption

  • Govt hikes copra MSP December 23, 2022 10:51 PM IST

    Govt hikes copra MSP

    The approval is based on recommendations of the Commission for Agricultural Costs and Prices (CACP) and views of major coconut growing states.

  • Farmers stage protest at Delhi's Jantar Mantar, demand legal guarantee for MSP December 09, 2022 02:30 PM IST

    Farmers stage protest at Delhi's Jantar Mantar, demand legal guarantee for MSP

    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.

  • Nafed buys 24,000 tons moong so far under PSS; urad, groundnut not procured as prices rule above MSP December 02, 2022 11:38 AM IST

    Nafed buys 24,000 tons moong so far under PSS; urad, groundnut not procured as prices rule above MSP

    PSS, which is under the Agriculture Ministry, is operationalised only when prices of agri-produce fall below the minimum support price (MSP). Cooperative Nafed is undertaking procurement on behalf of the central government.

  • Farmers to march to Raj Bhavans across country November 26, 2022 10:22 AM IST

    Farmers to march to Raj Bhavans across country

    The farmer leaders have alleged that the Union government had no intention of fulfilling their promises and that there was a need of a bigger agitation.

  • Live: Cabinet Approves MSP Hike For 6 Rabi Crops | Watch October 18, 2022 01:11 PM IST

    Live: Cabinet Approves MSP Hike For 6 Rabi Crops | Watch

    Prime Minister Narendra Modi chaired a union cabinet meeting today at his residence. The minimum support price of rice and other Rabi crops was on the agenda for the meet. Stay tuned for the measures announced at the briefing.

  • Govt raises minimum support prices for six Rabi crops October 18, 2022 01:12 PM IST

    Govt raises minimum support prices for six Rabi crops

    Minimum support price refers to state-set price at which government agencies procure select crops from farmers to shield them from typical price volatilities. About 23 crops are currently covered under MSP.

  • Committee on MSP to hold 2nd meeting on September 27 in Hyderabad September 18, 2022 08:35 PM IST

    Committee on MSP to hold 2nd meeting on September 27 in Hyderabad

    In the first meeting held on August 22 in the national capital, the committee -- headed by former Agriculture Secretary Sanjay Agrawal -- had formed three internal subgroups to deliberate on the mandated topics.

  • Interview | India must open up the agri sector to ease the burden on farmers: Government MSP panel’s Gunvant Patil August 26, 2022 01:21 PM IST

    Interview | India must open up the agri sector to ease the burden on farmers: Government MSP panel’s Gunvant Patil

    The need of the hour is to bring people out of farming, which is largely a loss-making enterprise, said the veteran farm leader.

  • Committee on MSP sets up four sub-groups to discuss key issues August 22, 2022 07:20 PM IST

    Committee on MSP sets up four sub-groups to discuss key issues

    The panel has 26 members including the chairman, while three membership slots are kept aside for representatives of SKM.

  • SKM rejects govt's MSP panel; says 'so-called' farmer leaders who supported 3 farm laws are in panel July 19, 2022 11:46 AM IST

    SKM rejects govt's MSP panel; says 'so-called' farmer leaders who supported 3 farm laws are in panel

    The government on Monday formed a committee on Minimum Support Price (MSP), eight months after it promised to set up such a panel while withdrawing the three contentious farm laws.

  • Samyukta Kisan Morcha meet today to discuss legal guarantee for MSP, Lakhimpur violence July 12, 2022 10:23 AM IST

    Samyukta Kisan Morcha meet today to discuss legal guarantee for MSP, Lakhimpur violence

    As many as 60 farm bodies are scheduled to take part in the meeting of the umbrella organisation of various farmers' organisations.

  • Need MSP till markets get competitive, but should not be given through procurement: Niti Aayog member July 06, 2022 04:19 PM IST

    Need MSP till markets get competitive, but should not be given through procurement: Niti Aayog member

    Ramesh Chand, a member of the government think tank Niti Aayog, stated on Wednesday that the minimum support price for agricultural crops should continue as long as markets become competitive and efficient, but it should be provided by methods other than procurement.

  • MSP system should be reformed, less govt intervention crucial to agri growth: NITI Aayog member Ramesh Chand July 06, 2022 01:38 PM IST

    MSP system should be reformed, less govt intervention crucial to agri growth: NITI Aayog member Ramesh Chand

    Chand batted for deferred deficiency price payments (DPP) as an alternative to the existing procurement based MSP structure.

  • Farmers will wage fierce battle against govt if it doesn't bring law on MSP: Satya Pal Malik June 13, 2022 07:03 AM IST

    Farmers will wage fierce battle against govt if it doesn't bring law on MSP: Satya Pal Malik

    Speaking at a Jat community programme here, Malik said he will also join the movement once he completes his term as Meghalaya governor.

  • Monsoon Update on June 10 | Rainfall likely to increase in second half of June June 10, 2022 05:39 PM IST

    Monsoon Update on June 10 | Rainfall likely to increase in second half of June

    The rainfall during the current monsoon season is likely to be 103 percent of the long-period average, which would then mark the fourth consecutive year of India experiencing a normal monsoon season, according to the India Meteorological Department's second long-range forecast.

  • Moneycontrol Selects: Top stories this evening June 08, 2022 06:57 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

  • Cabinet approves higher minimum support prices for 2022-23 kharif season June 08, 2022 06:35 PM IST

    Cabinet approves higher minimum support prices for 2022-23 kharif season

    The issue of 5G spectrum pricing was not taken up in the cabinet meeting today, Union Minister Anurag Singh Thakur said.

  • Private wheat exports only banned to redirect shipments to nations which need it more: Officials May 14, 2022 05:04 PM IST

    Private wheat exports only banned to redirect shipments to nations which need it more: Officials

    This comes in the backdrop of wheat production estimated for 2022-23 now falling to 105 million tonnes, from the earlier 113.5 million tonnes estimated.

  • India to send trade delegations to 9 countries to boost wheat exports May 12, 2022 05:30 PM IST

    India to send trade delegations to 9 countries to boost wheat exports

    Government plans to push wheat exports, even as domestic prices reach decadal highs, raising retail prices of Atta as well.

  •  Exclusive | Govt may impose export controls on wheat by June May 11, 2022 04:43 PM IST

     Exclusive | Govt may impose export controls on wheat by June

    The sudden fall in wheat yields due to the heatwave across North India, and continuing bulk purchases by traders eyeing exports, have led to government procurement slowing down. If the situation persists, restrictions could become inevitable soon, say officials.

  • Govt hikes MSP of raw jute Rs 250 to Rs 4750 per quintal March 22, 2022 04:03 PM IST

    Govt hikes MSP of raw jute Rs 250 to Rs 4750 per quintal

    The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved the MSP for raw jute for the 2022-23 season.

  • Union Budget 2022 | Farm sector hails generous MSP, fertiliser sops, vows of doubling income February 01, 2022 06:54 PM IST

    Union Budget 2022 | Farm sector hails generous MSP, fertiliser sops, vows of doubling income

    While the Budget 2022 lined up steps that will increase the farmers’ income 'substantially', there was no clarity about the desired income level which would have proved that the incomes did actually double