Saturday, July 31, 2021

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Minimum Support Price

Punjab: After Modi Govt implements direct benefit transfer, agencies procure record wheat quantity, 9 lac farmers receive Rs 23,000 cr

A farmer named Gurdip Singh from Chak Kalan village said, "I am very happy with this system with money coming directly. I sold my entire crop to government agencies as the MSP was also better this time."

Madhya Pradesh CM Shivraj Singh Chouhan transfers ₹1500 crore to 75 lakh farmers under Mukhyamantri Kisan Kalyan Yojana

75 lakh farmers in Madhya Pradesh receive money in their bank accounts under the Mukhyamantri Kisan Kalyan Yojana

Rakesh Tikait attacks Mamata Banerjee over MSP, to move farmer protests to Bengal too

Tikait wants to take farmer protests to election-bound West Bengal in coming days.

Punjab: Amidst farmer protests, Centre makes an all-time high purchase of rice and cotton at MSP

The Cotton Corporation of India (CCI), which is governed by the Union Ministry of Textiles, has reportedly purchased 85% of kapas (raw cotton) marketed for the month of December in Punjab.

Explained – The political crisis over crop procurement in Chhattisgarh and why paddy procurement has been stopped in the state

As mandis in Chhattisgarh overflow due to bonus announced by govt, both Congress and BJP blaming each other

Karnataka: Reliance Retail to buy 100 quintals of rice from farmers at prices higher than MSP

Reliance Retail has struck a deal with Swasthya Farmers Producing Company (SFPC), which has 1100 registered paddy farmers.

Chhattisgarh CM writes to PM, demands procurement of Paddy above limit: Read exclusive details about how he is wrong

Under the MOU with states on crop procurement, if states declare bonus above MSP, central pool procurement will be limited

Demands to legalise MSPs is retrograde, can destroy the farm sector and hurt the Indian economy: Explained

Setting MSP as a floor price legally will effectively derail the market for other players. Legalising MSP is also retrograde and anti-market, which can devastate the Indian farm sector.

West Bengal: Unavailibity of cold storage, inefficient policies blamed for loss to potato farmers in the state

While the State produces 11.5 million tonnes of potatoes annually, there is a storage capacity of only 7 million tonnes.

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