Government forms panel to look into ways to strengthen MSP system

By
The committee will look into ways to strengthen the MSP system and how farmers can take benefit out of the support price mechanism, the minister noted. The government will consider the recommendations of the committee, he added. Choudhary was replying to a question from Tiruchi Siva (DMK) who wanted to know whether the government has any plans to increase the MSP to 200 per cent of the production cost of the farmers.

from Agriculture-Economy-News-Economic Times https://ift.tt/HCd0zL4

Comments

Post a Comment

Popular AgriNews

Govt to increase procurement of tur dal to tame prices

By
The government plans to significantly increase tur dal procurement from a few metric tonnes to 8-10 lakh metric tonnes to control prices amid reduced acreage and expected low production. Tur dal retail prices rose over 40%, from Rs 112 to Rs 158 per kg. Despite efforts to boost imports by removing import duty on tur, retail inflation in pulses surged to 18.79% YoY in October. from Agriculture-Economy-News-Economic Times https://ift.tt/9Es3D16
Read more

India's year-on sugar production till January 15 lags by 5.28%

By
Expecting a fall in India's sugarcane production due to drought conditions in Maharashtra and Karnataka, India has banned use of sugar syrup and B-heavy molasses for ethanol. However, despite the sugar production being lower than previous year, citing 'reports', the ISMA has now claimed that the sugar production is likely to be higher than expected earlier. from Agriculture-Economy-News-Economic Times https://ift.tt/sre8uKY
Read more