News for 'Minimum Support Price'

FM urged to replace minimum support price

FM urged to replace minimum support price

Rediff.com11 Jan 2005

Agriculture experts on Tuesday asked Finance Minister P Chidambaram to consider replacing the system of Minimum Support Price with Remunerative Prices and Participatory Price Insurance Scheme and to provide capital subsidy to build water storage pits

Punjab farmers begin week-long protest against Indo-US trade deal

Punjab farmers begin week-long protest against Indo-US trade deal

Rediff.com1 days ago

Farmers under the Samyukta Kisan Morcha have initiated a week-long protest at the Chandigarh-Mohali border, demanding a minimum support price (MSP) based on the C2 plus 50 per cent formula, debt waivers, and opposing the proposed India-US trade deal, Electricity Amendment Bill, and Seed Bill. They also raised concerns about water depletion and sought resolutions based on riparian principles.

Govt hikes minimum support price for wheat by Rs 40 to Rs 2,015 per quintal

Govt hikes minimum support price for wheat by Rs 40 to Rs 2,015 per quintal

Rediff.com8 Sep 2021

The decision to increase the MSPs (Minimum Support Prices) was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. MSP is the rate at which the government buys the grain from farmers. Currently, the government fixes MSPs for 23 crops grown in both kharif and rabi seasons. Sowing of rabi (winter) crops begins from October immediately after the harvest of kharif (summer) crops.

Why India's Ethanol Blending Policy Needs A Rethink

Why India's Ethanol Blending Policy Needs A Rethink

Rediff.com10 Aug 2026

A group of experts has voiced significant concerns regarding India's ethanol-blended fuel policy, citing potential negative impacts on land-use, agriculture patterns, food security, groundwater levels, and household incomes. They recommend a return to E10 fuel and a review of the policy's overall benefits versus costs to consumers and the environment.

India's Wheat And Rice Reserves Exceed Buffer Norms

India's Wheat And Rice Reserves Exceed Buffer Norms

Rediff.com6 May 2026

India's wheat and rice reserves in Food Corporation of India (FCI) godowns have surged to 604.02 lakh tonnes as of April 1, nearly three times the mandatory buffer requirement, according to official data.

How Indian Agriculture Initiatives Have Doubled Farmer Income

How Indian Agriculture Initiatives Have Doubled Farmer Income

Rediff.com24 Mar 2026

Union Minister Shivraj Singh Chouhan informed the Lok Sabha that government initiatives in the agriculture sector have doubled farmers' income through measures like MSP and fertiliser subsidies.

Vijay woos TN women, youths with Rs 2,500 aid, 8gm gold, 5 lakh jobs

Vijay woos TN women, youths with Rs 2,500 aid, 8gm gold, 5 lakh jobs

Rediff.com16 Apr 2026

TVK chief Vijay has released his manifesto for the Tamil Nadu Assembly elections, focusing on women's welfare, education, agriculture, and job creation.

Higher input costs, price hikes may play spoilsport for HUL

Higher input costs, price hikes may play spoilsport for HUL

Rediff.com12 May 2026

Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.

Farmers on way to protest in Delhi stopped at Haryana border

Farmers on way to protest in Delhi stopped at Haryana border

Rediff.com21 Jul 2026

Indian farmers staged a significant protest at the Shambhu border against a proposed India-US trade deal, fearing its detrimental effects on the domestic agricultural sector and demanding its immediate abandonment. They later ended their agitation after assurances from the Haryana Agriculture Minister regarding the release of detained farmers and a meeting with the Union Agriculture Minister.

Govt allots 2 million more tonnes of broken rice for E20

Govt allots 2 million more tonnes of broken rice for E20

Rediff.com13 Jul 2026

The Indian government has allocated an additional 2 million tonnes of surplus broken rice from FCI stocks for its ethanol blending programme, while simultaneously issuing a detailed rebuttal to widespread misinformation regarding the E20 fuel, addressing concerns from water consumption to engine damage and environmental impact.

Hooda Slams Haryana Government Over Crop Procurement Policies

Hooda Slams Haryana Government Over Crop Procurement Policies

Rediff.com7 Apr 2026

Former Haryana Chief Minister Bhupinder Singh Hooda has criticised the state government's crop procurement policies, alleging that new conditions are being imposed on farmers instead of procuring crops at MSP. Hooda plans to tour mandis to assess the problems faced by farmers.

US Moves to Regulate Crypto. What Will India Do?

US Moves to Regulate Crypto. What Will India Do?

Rediff.com19 Aug 2026

The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.

New Punjab BJP Chief Dhillon Sets Sights On 2027 Assembly Elections

New Punjab BJP Chief Dhillon Sets Sights On 2027 Assembly Elections

Rediff.com30 May 2026

Newly appointed Punjab BJP chief Kewal Singh Dhillon has outlined his plans to strengthen the party in the state, aiming for a majority in the 2027 assembly elections. He criticised the ruling AAP government and promised to address key issues such as crop diversification and law and order.

BJP Accuses TMC of Neglect as Farmers in West Bengal Face Crisis

BJP Accuses TMC of Neglect as Farmers in West Bengal Face Crisis

Rediff.com26 Mar 2026

The BJP's West Bengal unit chief, Samik Bhattacharya, has alleged that at least five farmers have died by suicide in the state since February due to a potato price crisis, accusing the TMC government of negligence.

Haryana CM Releases 2,115 Crore For Welfare Schemes

Haryana CM Releases 2,115 Crore For Welfare Schemes

Rediff.com8 May 2026

Haryana Chief Minister Nayab Singh Saini released over 2,115 crore directly into the bank accounts of beneficiaries under various welfare schemes, benefiting over 58 lakh eligible individuals.

Govt hikes support prices for grains, pulses

Govt hikes support prices for grains, pulses

Rediff.com21 Aug 2009

He also assured further steps to mitigate farmers suffering after making a full assessment of the poor monsoon rains.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

At Home With The Most Famous Indian

At Home With The Most Famous Indian

Rediff.com19 Aug 2026

For 17 years, Mani Bhavan was Gandhi's Bombay home and nerve centre of the freedom movement.

Paddy Bonus: Stalin Vs Sitharaman

Paddy Bonus: Stalin Vs Sitharaman

Rediff.com13 Apr 2026

The finance ministry has clarified that its letter to state chief secretaries, urging them to align their bonus policy to promote pulses, oilseeds, and millets, was an advisory and not a directive. This clarification comes in response to Tamil Nadu Chief Minister M K Stalin's criticism, who called the advisory a 'treacherous act against farmers'.

Arun Yadav Accuses BJP of Neglecting Farmers and Enabling Mafias in Madhya Pradesh

Arun Yadav Accuses BJP of Neglecting Farmers and Enabling Mafias in Madhya Pradesh

Rediff.com10 Apr 2026

Senior Congress leader Arun Yadav has criticised the BJP government in Madhya Pradesh, alleging neglect of farmers and the enabling of mafia activities.

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Sebi to reintroduce open market share buybacks, capping execution at 66 days

Rediff.com7 Jul 2026

India's markets regulator, Sebi, has reintroduced rules allowing companies to repurchase their own shares through stock exchanges in the open market, effective August 1, 2026. The new framework caps the execution period at 66 working days and aims to enhance flexibility and efficiency for capital allocation.

Farmers, tribals march to Mumbai to press for land rights

Farmers, tribals march to Mumbai to press for land rights

Rediff.com27 Jan 2026

Thousands of farmers and tribal residents are marching towards Mumbai from Nashik to demand land rights and other concessions from the Maharashtra government. A delegation has been invited for talks.

Government To Expand Digital Food Subsidy Programme

Government To Expand Digital Food Subsidy Programme

Rediff.com3 May 2026

The government plans to expand its central bank digital currency (CBDC)-based food subsidy programme to Chandigarh, Dadra and Nagar Haveli, and Daman and Diu by June, following its implementation on a pilot basis in Gujarat and Puducherry, official sources said.

Did These Election Promises Win Tamil Nadu For Vijay?

Did These Election Promises Win Tamil Nadu For Vijay?

Rediff.com4 May 2026

Actor-politician Vijay's TVK party is likely to form the government, bringing focus to their election promises, including gold for marriage, financial assistance for women, and job creation.

ICICI Bank plans $500 million dollar bond issue, first in a decade

ICICI Bank plans $500 million dollar bond issue, first in a decade

Rediff.com4 Jul 2026

ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.

CM Vijay begins welfare push, but Tamil Nadu's debt crisis looms large

CM Vijay begins welfare push, but Tamil Nadu's debt crisis looms large

Rediff.com10 May 2026

TVK founder Vijay, upon becoming Chief Minister, approved free electricity units and special forces for women's safety and anti-drug efforts. He pledged a commitment to secularism and social justice, asserting his authority as the sole power centre.

Despite Hurdles, World Cup Fans Find Unique Charm In Toronto

Despite Hurdles, World Cup Fans Find Unique Charm In Toronto

Rediff.com12 Jun 2026

Despite initial challenges like unsold tickets and a rained-out fan festival, visitors are flocking to Toronto for the first-ever World Cup soccer match in Canada. Fans are drawn by factors such as lower drinking age compared to the US, cultural similarities, and Canada's diverse immigrant population, creating a unique and determined atmosphere for the tournament.

Haryana Wheat Procurement Smooth, Record Arrivals: CM Saini

Haryana Wheat Procurement Smooth, Record Arrivals: CM Saini

Rediff.com25 Apr 2026

Haryana Chief Minister Nayab Singh Saini reports smooth wheat procurement and record arrivals in the state's 'mandis', dismissing opposition claims of farmer hardship due to new measures.

Hooda Criticises Haryana Government Over LPG Cylinder Shortages and Black Marketing

Hooda Criticises Haryana Government Over LPG Cylinder Shortages and Black Marketing

Rediff.com12 Mar 2026

Former Haryana Chief Minister Bhupinder Singh Hooda criticises the state government over alleged LPG cylinder shortages and black marketing, urging immediate action to alleviate public hardship. He also addresses concerns regarding farmers' MSP and the SYL canal issue.

Why Banks Are Raising Deposit Rates

Why Banks Are Raising Deposit Rates

Rediff.com26 Jun 2026

The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.

Bhagwant Mann Rebukes BJP's 'Absurd' Statements on Chandigarh Blast

Bhagwant Mann Rebukes BJP's 'Absurd' Statements on Chandigarh Blast

Rediff.com2 Apr 2026

Punjab Chief Minister Bhagwant Mann criticised BJP leaders for blaming his government for the blast outside the BJP headquarters in Chandigarh, emphasising that the area falls under the Union Territory's administration. He also addressed other issues, including taxes and farmers' concerns.

'Why Should We Be Okay With 6.5% Growth Rate?'

'Why Should We Be Okay With 6.5% Growth Rate?'

Rediff.com2 Jul 2026

'Why not aspire for 8 or 9 or even 10 per cent?'

Govt hikes support prices for wheat, five other rabi crops

Govt hikes support prices for wheat, five other rabi crops

Rediff.com21 Sep 2020

The move came a day after Parliament approved two agriculture sector-reform bills which have been bitterly opposed by the opposition parties like Congress and TMC.

Iran war: Fiscal pressures on govt may mount next FY, say experts

Iran war: Fiscal pressures on govt may mount next FY, say experts

Rediff.com19 Mar 2026

Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.

TMC Slams Modi for 'False Narrative' on Bengal's Development

TMC Slams Modi for 'False Narrative' on Bengal's Development

Rediff.com14 Mar 2026

The TMC has accused Prime Minister Narendra Modi of presenting a misleading picture of employment and development in West Bengal during his recent rally, alleging that the central government owes the state significant dues.

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Rediff.com31 May 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena on Sunday approved a new Excise Policy, permitting the sale of hard liquor through retail vends, reducing documents to obtain a licence from 16 to six and extending the liquor availability to four more districts.

Badal Accuses AAP of Deteriorating Punjab Law and Order

Badal Accuses AAP of Deteriorating Punjab Law and Order

Rediff.com9 Mar 2026

Shiromani Akali Dal (SAD) president Sukhbir Singh Badal has criticised the Aam Aadmi Party (AAP) government in Punjab, alleging a decline in law and order and accusing them of using financial schemes to sway voters ahead of elections.

Rs 30K one-time aid for women, bonus for farmers: RJD's last-minute sops

Rs 30K one-time aid for women, bonus for farmers: RJD's last-minute sops

Rediff.com4 Nov 2025

Tejashwi also announced that farmers would be given Rs 300 per quintal of paddy and Rs 400 for wheat as a bonus over MSP.

Punjab CM Accuses Centre of 'VIP Treatment' to Gangster Lawrence Bishnoi

Punjab CM Accuses Centre of 'VIP Treatment' to Gangster Lawrence Bishnoi

Rediff.com16 Mar 2026

Punjab Chief Minister Bhagwant Mann has accused the central government of providing 'VIP treatment' to gangster Lawrence Bishnoi, criticising perceived double standards in dealing with crime.

After over 3-year ban, govt okays 2.5 mt wheat exports

After over 3-year ban, govt okays 2.5 mt wheat exports

Rediff.com14 Feb 2026

500,000 tonnes of sugar exports allowed on top of an existing 1.5 mt window