minimum support price

CPI inflation to be around 5-5.5% this fiscal: Nomura

Inflation based on consumer price index (CPI) is likely to be around 5-5.5 percent this fiscal and rise in minimum support price (MSP) will have positive implications for the economy, Japanese brokerage firm Nomura has said.

Jun 18, 2015, 17:54 PM IST

Higher pulses MSP no use if govt does not procure: Experts

With retail prices of pulses skyrocketing over Rs 100/kg, renowned farm scientist M S Swaminathan on Wednesday hailed the government's decision to hike the pulses MSP by up to Rs 275 per quintal to boost output but expressed concern over lack of procurement arrangement.

Jun 17, 2015, 21:36 PM IST

Govt hikes pulses MSP sharply to boost output, check prices

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday increased the minimum support price (MSP) of paddy by Rs 50 to Rs 1,410 per quintal for this year.

Jun 17, 2015, 15:23 PM IST

CCEA raises MSP of paddy by Rs 50 per quintal

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a proposal to raise the minimum support price (MSP) of paddy by Rs 50 to Rs 1,410 per quintal for this year.

Jun 17, 2015, 10:09 AM IST

FCI to enhance wheat procurement in eastern states

He said FCI has put all efforts to enhance the procurement of wheat and during RMS 2015-16, 21 lakh MT of wheat has been procured till date from 3.70 lakh farmers at MSP.

Jun 16, 2015, 15:46 PM IST

CCEA may raise MSP of paddy, other kharif crops tomorrow

MSP is the rate at which government buys the grain from farmers.

Jun 16, 2015, 15:38 PM IST

US questions India on its domestic support programmes

The US posed a salvo of questions to India on its domestic support programmes, including its cotton policies, minimum support price, public stockholding for food security purposes and landholding pooling by Indian farmers, in a meeting at the World Trade Organisation (WTO) here.

Jun 05, 2015, 21:47 PM IST

Rabi crop output may fall marginally: Minister

Rabi sowing starts from October, while harvesting begins from March.

Dec 30, 2014, 19:17 PM IST

Success at WTO without any compromise: Nirmala Sitharaman

"We have accomplished this without any concessions, compromise or new conditions," she said, adding that the deal vindicates the principal stand India had taken on food security.

Nov 28, 2014, 13:46 PM IST

WTO deal clinched without any concession: Sitharaman

She also said that the WTO deal allows a mechanism for developing nations like India to continue with public stockholding programme without any challenge.

Nov 28, 2014, 13:24 PM IST

Rice procurement down by 8% this year so far

Rice procurement by government agencies is lagging behind by 8 percent at 9.2 million tonnes in the ongoing 2014-15 marketing year so far from the last year's level of 10 million tonnes during the same period.

Nov 10, 2014, 20:01 PM IST

Committee on FCI restructuring to hold first meeting on Sep 8

"The meeting of the committee has been scheduled on September 8. It will discuss the overhauling of the FCI, which is plagued by functional and cost inefficiencies," Food Minister Ram Vilas Paswan said.

Sep 03, 2014, 15:35 PM IST

Govt hikes paddy MSP by Rs 50/qtl to Rs 1,360; may fuel prices

In a farmer-friendly move, the government Wednesday hiked the minimum support price (MSP) of paddy by Rs 50 per quintal to Rs 1,360 for this year -- a decision which may fuel inflation.

Jun 25, 2014, 20:36 PM IST

CCEA may decide on raising MSP of kharif crops today

According to sources, the Agriculture Ministry proposed an increase in the paddy MSP by Rs 50 to Rs 1,360 a quintal for the common variety and a raise of Rs 55 to Rs 1,400 a quintal for the 'grade A' variety for the current crop year.

Jun 25, 2014, 08:57 AM IST