Topic
MSP
From the archive
Reporting from earlier editions of The Agrotech Daily. Figures, prices and policies may have changed since.
- Markets, India2020-21 summer crops estimated at 144.52 MT, would boost FY21Government estimates put India's 2020-21 kharif crop at a record 144.52 million tonnes, helped by larger paddy acreage and better yields of pulses and coarse cereals.
- Markets, IndiaCotton yield reaches decade-high of 3,10,000 bales; domestic prices rise up to 25 per centCotton arrivals reached 310,000 bales, the highest in a decade according to the Cotton Association of India, as prices rose 25 per cent to Rs 5,000 to Rs 6,000 a quintal.
- Markets, IndiaThe sowing of rabi crops touched a new record of 67.5 million hectaresRabi sowing in India reached a record 67.5 million hectares, with wheat and mustard at record acreage and reservoirs holding 22% more water than the 10-year average.
- Policy & trade, IndiaCabinet approves hike in MSP for kharif cropsThe Cabinet raised the MSP for common grade paddy by Rs 72 to Rs 1,940 a quintal, with the largest increases for sesamum, tur and urad to encourage farmers to grow oilseeds and pulses.
- Policy & trade, IndiaFarm laws 2020 to benefit farmers, says CEA SubramanianChief Economic Adviser K V Subramanian said on January 30 that the farm laws will benefit farmers, while protesting unions fear the loss of MSP and mandis.
- Policy & trade, IndiaNCDC releases Rs 20,000 crore to 3 states for kharif procurement; declares notable increase in MSPNCDC sanctioned Rs 19,444 crore to Chhattisgarh, Haryana and Telangana as a first instalment for kharif paddy procurement under MSP operations.
- Markets, IndiaGovernment’s paddy procurement at MSP has reached a new maximumPaddy procurement at MSP in kharif marketing season 2020-21 reached 116.66 lakh tonnes in under a month, 28.55% more than a year earlier, with Punjab supplying 75.11 lakh tonnes.
- Policy & trade, IndiaPresident accepts Badal’s resignation; food processing portfolio to have new headHarsimrat Kaur Badal quit the Union Cabinet in protest against two farm bills, and Narendra Singh Tomar has been given charge of the Ministry of Food Processing Industries.
- Policy & trade, IndiaGovernment sought more time to present a concrete proposal; next round of talks on December 9The Centre asked farm unions for more time to present a concrete proposal on the farm laws and set the next round of talks for 9 December, as unions went ahead with a Bharat Bandh.