Support prices, India
Rabi MSP for 2027-28: wheat up Rs 25, safflower up Rs 675 a quintal
The Cabinet set wheat at Rs 2,610 and rapeseed and mustard at Rs 6,613 per quintal for 2027-28, with the largest increases for safflower, mustard and lentil.
Topic
procurement
From the archive
Reporting from earlier editions of The Agrotech Daily. Figures, prices and policies may have changed since.
- Policy & trade, Jammu and KashmirUnion Cabinet approves Market Intervention Scheme (MIS) for apple procurement in Jammu and KashmirThe Union Cabinet approved Rs 2,500 crore for NAFED to buy apples directly from farmers in Jammu and Kashmir in 2020-21, with payments made by direct benefit transfer.
- Policy & trade, TripuraTripura, in an attempt to boost the economy, set to buy 20,000 MT paddy at MSPTripura's cabinet will buy 20,000 tonnes of paddy at the minimum support price from 21 January through 32 procurement centres across eight districts.
- Policy & trade, IndiaCACP insists on a review of government procurementThe Commission for Agricultural Costs and Prices recommended reviewing open-ended wheat and rice procurement to push farmers towards oilseeds, pulses and nutri-cereals.
- Policy & trade, India5 lakh cotton farmers aided with Rs 6,314 crore: Smriti IraniTextiles minister Smriti Irani said Rs 6,314 crore has been transferred to around 5 lakh farmers for cotton bought by the Cotton Corporation of India, valued at over Rs 7,500 crore.
- Markets, IndiaGovernment continues with procurement of paddy, highest bought from PunjabKharif paddy procurement rose 18.78% to 310.61 lakh tonnes, with Punjab supplying 202.65 lakh tonnes, or 65.24% of the total, the Union food ministry said.
- Markets, IndiaThe agro flight of 2020-21Agriculture was the only sector to grow in 2020-21, by 3.4% at constant prices, lifting its share of GDP to 19.9%, after record foodgrain and horticulture output in 2019-20.
- Policy & trade, HaryanaHaryana farmers in trouble due to lack of buyers in paddy procurement seasonPaddy piled up in Haryana's mandis after the state moved to buy directly from farmers at MSP, with farmers reporting rejections over moisture and millers and arthiyas protesting.
- Markets, IndiaCentre buys paddy at MSP, benefitting around 93.93 lakh farmers so far in the kharif seasonThe Centre had bought 651.07 lakh tonnes of paddy at MSP, worth about Rs 1.23 lakh crore, by February 19 in the 2020-21 kharif marketing season, up 15.91% on last year.
- Policy & trade, AssamCM Sarbananda Sonowal promised an MSP of Rs 1,868 for every quintal of paddyAssam's chief minister promised farmers an MSP of Rs 1,868 a quintal for paddy and asked the FCI to open procurement centres in every development block.