kharif

By securing long-term supply pacts with key global producers across Russia, the Middle East, North Africa, and South America, India effectively insulated its domestic agrarian economy from global market turbulence.

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSP) for 14 Kharif Crops for Marketing Season 2025-26.

According to an official press release, the hike in MSP for Kharif Crops for Marketing Season 2023-24 is consistent with the Union Budget 2018-19 announcement of "setting the MSP at least 1.5 times the All-India weighted average Cost of Production, with the goal of providing farmers with relatively fair remuneration."

Stubble burning incidents are rooted in a decision taken by state governments to discourage farmers from using ground water

While farmers continue to protest against farm laws, Govt’s paddy procurement at MSP reaches a record high

Govt continues to procure Kharif produce at MSP amid ongoing farmer protest which claim that the govt has abolished the MSP and mandi system.

The increase is likely to cost an additional 33,500 crores.