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Centre asks states not to announce bonus on rice,wheat this year

Last Updated: Friday, July 18, 2014, 15:42

To check inflation and encourage farmers to shift from mono-cropping, the Centre has asked state governments not to announce bonus over and above the minimum support price (MSP) on rice and wheat this year.

Govt hikes paddy MSP by Rs 50/qtl to Rs 1,360; may fuel prices

Last Updated: Wednesday, June 25, 2014, 20:36

In a farmer-friendly move, the government Wednesday hiked the minimum support price (MSP) of paddy by Rs 50 per quintal to Rs 1,360 for this year -- a decision which may fuel inflation.

CCEA approves hike in paddy MSP by Rs 50 per quintal

Last Updated: Wednesday, June 25, 2014, 19:03

The government on Wednesday approved the decision to hike paddy MSP by Rs 50 to Rs 1,360 per quintal for the current crop year.

CCEA may decide on raising MSP of kharif crops today

Last Updated: Wednesday, June 25, 2014, 08:57

According to sources, the Agriculture Ministry proposed an increase in the paddy MSP by Rs 50 to Rs 1,360 a quintal for the common variety and a raise of Rs 55 to Rs 1,400 a quintal for the 'grade A' variety for the current crop year.

Agri Min proposes Rs 50/quintal MSP hike in paddy, cotton & tur

Last Updated: Thursday, April 24, 2014, 14:54

The Agriculture Ministry has proposed a moderate hike in the minimum support price (MSP) of paddy by Rs 50 to Rs 1360/quintal for the 2014-15 crop year (July- June) and upto Rs 100/quintal raise in pulses MSP.

Rajan blames high food prices on frequent MSP hikes

Last Updated: Wednesday, February 26, 2014, 22:43

Attributing high food inflation to rising rural wages and administered food prices, Reserve Bank Governor Rahguram Rajan Wednesday called for slower pace of increase in minimum support prices of foodgrains.

Odisha govt announces special assistance of Rs 100 for paddy

Last Updated: Friday, December 27, 2013, 20:23

The Odisha government on Friday announced a special assistance of Rs 100 per quintal of paddy for the farmers hit by cyclone Phailin and subsequent floods.

India Inc backs Govt stance on food subsidy at WTO

Last Updated: Wednesday, November 27, 2013, 19:57

Backing the government's stance on food subsidy at the WTO, India Inc Wednesday said it is important to ensure legal entitlement of low-cost ration to the poor in order to achieve all-round development.

Govt raises wheat MSP by Rs 50 to Rs 1,400 per quintal

Last Updated: Thursday, October 17, 2013, 13:46

The government on Thursday raised the minimum support price (MSP) for wheat by Rs 50 to Rs 1,400 per quintal to encourage farmers to cover more area under the crop in the ongoing rabi season.

CCEA likely to approve Rs 50 per quintal increase in wheat MSP on Oct 17

Last Updated: Tuesday, October 15, 2013, 20:01

The Cabinet Committee on Economic Affairs (CCEA) is likely to approve this Thursday a proposal to raise the minimum support price (MSP) of wheat by Rs 50 per quintal to Rs 1,400 for the year starting April 2014.

Best is yet to come in agri sector: PM

Last Updated: Saturday, July 27, 2013, 18:39

Amid concerns over inflation in agricultural items, Prime Minister Manmohan Singh on Saturday sought suggestions from economic experts for a solution as he asserted that the "best is yet to come" in the sector.

Muted MSP hike positive for food inflation: Nomura

Last Updated: Sunday, June 30, 2013, 14:26

Currently, farmers are sowing kharif crops. The announcement of MSP will help farmers decide which crop to sow for better returns.