The Union Cabinet Committee on Economic Affairs approved Minimum Support Price (MSP) for summer-sown Kharif crops for the year 2018-19, which will cost the exchequer more than Rs 15,000 core, providing a profit of 50% or more over the cost of production. Addressing the media, Union minister Rajnath Singh said, “The[Read More…]
Tag: MSP
Cost plus 50 per cent as MSP to farmers another ‘jumla’: Congress
New Delhi: The Congress on Monday termed the Narendra Modi government’s claim of ensuring MSP at “50 per cent more than actual cost of production” to farmers another “jumla” and accused Finance Minister Arun Jaitley “blatantly” lying in his budget speech. “In the run-up to 2014 Lok Sabha elections, Prime[Read More…]
Forget PR dazzle, tell us when will MSP increase: Rahul to Modi
New Delhi: Congress President Rahul Gandhi on Saturday asked Prime Minister Narendra Modi to specify exactly when he was going to fulfil his promise of fixing the minimum support price for crops at 1.5 times the production cost. In a tweet after Modi at an event here said confusion was being[Read More…]
Nitish Kumar welcomes Budget proposals on MSP, healthcare
New Delhi: JD-U supremo and Bihar Chief Minister Nitish Kumar on Thursday welcomed the Union Budget proposal of increasing the Minimum Support Price (MSP) of crops to 1.5 times of the input cost. He also congratulated Finance Minister Arun Jaitley for announcing the “grand initiative” of National Health Protection Scheme under[Read More…]
PM Modi failed to keep promise to farmers: Congress
Claiming that agricultural growth under the Narendra Modi government came down to 1.9 per cent, the Congress on Wednesday alleged that it failed to keep its promises of an MSP 50 per cent more than agricultural input cost and a loan waiver for farmers. The party said that 38,000 farmers[Read More…]
Angry farmers burn sugarcane crop outside UP Assembly
Hundreds of sugarcane farmers in Uttar Pradesh burnt their crop outside the Vidhan Sabha here on Saturday and raised slogans against the Yogi Adityanath government, terming the Rs 10 hike in MSP as “paltry”. The state government two days back had increased the minimum support price (MSP) for sugarcane by[Read More…]