Thursday, December 19, 2019, 9:16 PM
Indian rice export-prices extended gains this week as demand ticked-up and paddy prices on the local-market rose, while demand for Thai rice was still being hurt by cheaper competitors. Top exporter India's 5% broken parboiled variety was quoted around $360-$365/tonne this week, up from last week's $358-$363. Demand for the Indian-rice has been fairly subdued of late, with export rates near multi-year lows.
Wednesday, October 23, 2019, 8:50 PM
The government on Wednesday hiked the minimum support price for wheat by Rs 85 to Rs 1,925 a quintal and for pulses by up to Rs 325 per quintal. A decision in this regard was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by PM Modi. The MSP is the rate at which the government buys grains from farmers.
Saturday, October 5, 2019, 10:58 AM
The agriculture ministry has proposed a 5-7% increase in minimum support price (MSP) of rabi, or winter-sown, crops to improve the lot of farmers, a development that comes ahead of the assembly election in the food bowl state of Haryana. Punjab and Haryana together contribute around 70% wheat to the central pool, which is used to run public distribution and other welfare schemes.
Thursday, August 15, 2019, 11:12 AM
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.
Friday, April 19, 2019, 11:23 AM
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.
Friday, February 8, 2019, 7:33 AM
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.
Sunday, December 9, 2018, 3:31 PM
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.
02 August 2018, Thursday
RBI hiked the repo rate by 25 basis points. The repo rate has gone up from 6.25% to 6.5%. This is th ...
16 July 2018, Monday
Crude Oil prices have been rising in recent times. As India imports more than 80% of its crude oil requirements, prices of petrol ...
Monday, July 9, 2018, 7:00 AM
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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