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Direct payment system for grain farmers of Punjab, Haryana soon

Thursday, August 15, 2019, 11:12 AM

Direct payment system for grain farmers of Punjab, Haryana soon

The Central government has decided to implement a major agricultural trade reform in two north Indian states by directly paying farmers the minimum support price for procurement of grains and removing agents from the process. While the agents, called arthiyas, will continue to be paid commission, payments to grain farmers in Punjab and Haryana will no longer be routed through them.

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Farmers' Budget To Declare Minimum Support Prices: Rahul Gandhi

Friday, April 19, 2019, 11:23 AM

Farmers' Budget To Declare Minimum Support Prices: Rahul Gandhi

Congress president Rahul Gandhi said that MSP would also be announced in the separate farmers' budget which his party's manifesto has promised. Addressing a campaign-rally at Vanthli in Junagadh district, he also accused PM Narendra Modi of applying different rules to the rich and the poor. The Modi government was ready to waive loans of rich industrialists but not those of farmers, he said.

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Kerala To Directly Purchase From North Indian Farmers With MSP

Friday, February 8, 2019, 7:33 AM

Kerala To Directly Purchase From North Indian Farmers With MSP

As India has been witnessing distressed farmers' protest in different states, Kerala's Left government has made a loud political point by announcing purchase of agricultural produce like onions, potatoes from North Indian farmers with a Minimum Support Price. Central government and state government have to act to save farmers. And Kerala government is saying yes to this, Thomas Isaac said.

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Niti Member says farm loan waivers benefit only a section of farmers

Sunday, December 9, 2018, 3:31 PM

Niti Member says farm loan waivers benefit only a section of farmers

Amid growing demands for farm loan waivers, Niti Aayog Member and agriculture policy expert Ramesh Chand said he is not in favour of debt waivers as this help only a-small-fraction of farmers. The country recently witnessed agitations by farmers in key farm states in support of their demands ranging from farm loan waiver to clearing of dues by sugar mills and higher-prices for crops.

Article

 

02 August 2018, Thursday

Home Loans Set to Get Costlier as RBI Hikes Repo Rate

  RBI hiked the repo rate by 25 basis points. The repo rate has gone up from 6.25% to 6.5%. ...

Article

 

16 July 2018, Monday

Will Banks Raise Interest Rates?

  Crude Oil prices have been rising in recent times. As India imports more than 80% of its crude oil requirements, prices of petrol  ...

News

 
Punjab farmers plan July 11 rally against state govt

Monday, July 9, 2018, 7:00 AM

Punjab farmers plan July 11 rally against state govt

While Prime Minister Narendra Modi is all set to address a Kisan Kalyan rally to Malot town of Punjab on July 11 to claim credit for recently enhanced Minimum Support Price (MSP) of 23 Kharif season crops including paddy, farmers in Punjab under several farm outfits are planning a massive agitation against the government soon after.

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Punjab farmers ‘cheated’, say outfits after MSP hike

Thursday, July 5, 2018, 9:35 AM

Punjab farmers ‘cheated’, say outfits after MSP hike

As the Union government on Wednesday hiked the minimum support price for paddy by a record Rs.200 per quintal, farmer outfits in Punjab said that farmers in the state had been cheated as they will only get Rs.180 per quintal. Government should stop claiming that it has fulfilled the promise of giving 1.5 times MSP of the production cost, they said.

News

 
Govt committed to growth of agriculture sector: PM on MSP hike

Wednesday, July 4, 2018, 6:32 PM

Govt committed to growth of agriculture sector: PM on MSP hike

Prime Minister Narendra Modi today said the government has fulfilled its promise of hiking the minimum support price to 1.5 times the production cost of farming produce and said the government is committed to the development of the agriculture sector. The government today hiked the minimum support price for paddy by a steep Rs.200 per quintal.

News

 
CCEA May Raise Minimum Support Prices Of Paddy

Wednesday, July 4, 2018, 11:12 AM

CCEA May Raise Minimum Support Prices Of Paddy

The government is expected to raise the Minimum Support Price (MSP) for paddy by 200 to 1,750 per quintal, reports said. To boost farmers' incomes, the government in Budget 2018 said it would fix a support price at least 1.5 times the production cost. Among the major kharif crops, the maximum hike in MSP is likely to be for ragi.

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