News for 'Safflower MSP'

MSP for wheat hiked by Rs 150/quintal ahead of state polls

MSP for wheat hiked by Rs 150/quintal ahead of state polls

Rediff.com16 Oct 2024

The government on Wednesday increased the Minimum Support Price (MSP) for wheat by Rs 150 to Rs 2,425 per quintal for the 2025-26 marketing season, a move that comes ahead of key state elections. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved price hikes for six rabi crops, with increases ranging from Rs 130 to Rs 300 per quintal for the 2025-26 marketing season beginning April 2025. "Like for kharif crops, there is a significant increase in the MSP for rabi crops," Information and Broadcasting Minister Ashwini Vaishnaw said in a media briefing after the Cabinet meeting.

Wheat MSP hiked by Rs 105/quintal

Wheat MSP hiked by Rs 105/quintal

Rediff.com3 Oct 2018

The decision will help farmers earn an additional income of Rs 62,635 crore

Why rise in MSP may be misleading

Why rise in MSP may be misleading

Rediff.com17 Oct 2018

The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes

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.

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.

Centre raises support price for pulses by Rs 250/quintal

Centre raises support price for pulses by Rs 250/quintal

Rediff.com6 Nov 2015

Food Corporation of India will be the nodal agency.