Gandhinagar, June 19 (IANS) Government procurement of agricultural produce at Minimum Support Price (MSP) in Gujarat has crossed Rs 65,000 crore over the past decade, with nearly 49 lakh farmers benefiting from the scheme, according to official figures released on Friday. The data shows that 1.05 crore metric tonnes of produce were procured from farmers across the state during the period, reflecting a significant expansion of MSP operations and a sharp rise in both farmer participation and the v…
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Gandhinagar, June 13 (IANS) Gujarat has procured agricultural produce worth Rs 65,570 crore under the Minimum Support Price (MSP) mechanism over the past decade, with nearly 49 lakh farmers benefiting from the programme, according to figures released by the state government. The data show a significant expansion in MSP procurement in the state, with 1.05 crore metric tonnes of crops purchased between 2016 and 2026.Farmer participation increased from 2.01 lakh beneficiaries in 2016-17 to more tha…
Tiruchi, June 8 (IANS) Farmers’ organisations in Tamil Nadu have urged the Centre to announce an interim increase in the Minimum Support Price (MSP) for agricultural commodities, including paddy, citing a sharp rise in fuel and fertiliser costs and growing uncertainty over weather conditions linked to a possible El Niño event. The demand comes ahead of the implementation of the MSP for the 2026-27 marketing year from September 1.The Centre had announced revised MSP rates on May 13, increasing…
New Delhi, May 5 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved a 2.81 per cent increase in the “fair and remunerative price” of sugarcane to Rs 365 per quintal for Sugar Season 2026-27 (October-September) for a basic recovery rate of 10.25 per cent. There will be a premium of Rs 3.56 a quintal for each 0.1 per cent increase in recovery over and above 10.25 per cent, and a reduction in price by Rs.3.56 per quintal for each 0.1 per c…
New Delhi, March 18 (IANS) In a key step towards farmer welfare, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved minimum support price (MSP) funding of Rs 1,718.56 crore to the Cotton Corporation of India (CCI) for the cotton season 2023–24.The funding aims to provide direct price support to cotton farmers across the country.During the 2023–24 cotton season, the area under cultivation was estimated at 114.47 lakh hectares, with…