The minimum support price (MSP) is a “floor price” for any crop that the government considers remunerative for farmers and therefore deserves “support.” It is also the price that government agencies pay each time they buy. Currently, the Center establishes the EMP…
read moreThe recently enacted law dismantling the monopoly of the mandis APMC (Agricultural Market Committee), thus allowing the sale and purchase of crops outside of these state government regulated market prices, may have failed, not face serious opposition from farmers. If it had…
read moreIn the earliest announcement of minimum support prices in at least a decade, Agriculture Minister Narendra Singh Tomar told Lok Sabha that the cabinet had approved increases in the MSP for six crops, including a 2.6 % increase in wheat. Last year,…
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