Minimum support price (India)
Instrument of agriculture price policy in India
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The minimum support price (MSP) is an advisory price signal that is part of a larger set of agricultural policies in parts of India. This informal "support" price is recommended by the government and aims to safeguard the farmer to a minimum profit for the harvest while at the same time increasing food security in the country. MSP was initially an incentive for farmers to adopt technology with an aim of increasing the productivity of agricultural land in the 1960s, however in the 2000s it is seen as a market intervention and farmer income scheme. The effectiveness of such a price policy has varied widely between states and commodities. Awareness among farmers of the existence of an MSP is poor at 23%, while awareness of MSP procurement agencies is also poor with only about 20β25% of wheat and paddy produce being sold at MSP.
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SP promises caste-based census, MSP guarantee, scrapping Agnipath in poll manifestoSamajwadi Party president Akhilesh Yadav on Wednesday unveiled the party's manifesto for the Lok Sabha elections, promising a caste-based census by 2025, a legal guarantee for MSP, and scrapping of the..IndiaTimes - Published | |
Farmers protest: Talks with Centre yield no breakthrough, farmers adamant on MSP demand, next meet on SundayUnion Ministers and the farmer leaders ended in a stalemate, with no common ground in sight, the next round of the talks will take place on Sunday.DNA - Published | |
Even as Rahul Gandhi promises MSP for all crops, Congress note of 2010 rejecting Swaminathan Commission surfacesCongress leader Rahul Gandhi, reacting to the ongoing farmer protest, asserted that the party, if voted to power, would give a legal guarantee of Minimum Support Price (MSP) to every farmer as per the..IndiaTimes - Published | |
Congress vows legal guarantee for MSP; Mallikarjun Kharge slams police action of farmersAmidst the ongoing farmersβ agitation in Delhi, Congress President Mallikarjun Kharge announced that the Congress party will bring the Minimum Support Price (MSP) under the purview of legal guarantee..IndiaTimes - Published | |
'Demands concern all farmers, we are in their support': Rakesh Tikait on 'Delhi Chalo' protestFarmer leader Rakesh Tikait on Tuesday said that demands for law on MSP, implementation of Swaminathan Committee report and debt waiver concern all farmers and they support farmers who have embarked on..IndiaTimes - Published | |
Farmer body to convene all-India convention on MSP, other issues in JanuarySanyukt Kisan Morcha plans an all-India farmer convention in Punjab in January 2024 to announce an action plan for achieving demands including MSP guarantee, debt waiver, stopping electricity..IndiaTimes - Published | |
Punjab: Farmers' 'rail roko' protest enters day 3, train movement remains hitFarmer groups are demanding compensation for crops damaged in the recent floods, a legal guarantee on MSP and a sweeping debt waiver.DNA - Published | |
Union Cabinet approves increased MSP for Kharif cropsThe Union Cabinet on Wednesday approved increased Minimum Support Price (MSP) for Kharif crops for marketing season 2023-24. "This move is to ensure remunerative prices to growers for their produce and..IndiaTimes - Published | |
Govt further reduces reserve price of wheat to tame pricesThe food ministry said the reserve price of fair and average quality (FAQ) wheat has been reduced to Rs 2,150 and that of Under Relaxed Specifications (URS) wheat to Rs 2,125 per quintal. This is..IndiaTimes - Published | |
Singhu border: Farmers' organizations to meet today over MSP committee, other issuesA meeting of 32 farmers' organizations will be held on Wednesday to discuss the issue of the Minimum Support Price (MSP) committee and cases registered against farmers during the agitation. The meeting..IndiaTimes - Published | |
Government seeks five names of representatives from SKM to be on panel on MSPA day after repeal of the three farm laws in Parliament, the government on Tuesday informally reached out to protesting farmer unions seeking five names of their representatives for a proposed..IndiaTimes - Published | |
Rakesh Tikait demands law to guarantee MSP to farmersBharatiya Kisan Union leader Rakesh Tikait on Sunday demanded that the Centre bring a law to guarantee Minimum Support Price (MSP) for crops to protect the interest of farmers in the country. Tikait..IndiaTimes - Published | |
Tractors to march to Parliament on November 29 over MSP issue: BKU chief Rakesh TikaitRakesh Tikait has said that the tractor march will be conducted on November 29, days after the Centre's decision to repeal the three farm laws.DNA - Published | Varun Gandhi demands legal guarantee for MSPThe Bharatiya Janata Party (BJP) MP from Pilibhit Varun Gandhi on Friday demanded a legal guarantee for the minimum support price (MSP), saying farmers will continue to be exploited in 'mandis' as long..IndiaTimes - Published |
Centre can resolve farmers' agitation by providing MSP guarantee through law: Satya Pal MalikIndiaTimes - Published | Good news for farmers! Centre hikes MSP for Kharif cropsThe MSP of Kharif crops has been hiked for govt procurement season 2021-22 with a view to ensure remunerative prices for their produce to farmers.DNA - Published |
Farmers' protest: 12 opposition parties back farmers' nationwide protest call on May 26The opposition parties also demanded the immediate repeal of the farm laws and the legal entitlement to the Minimum Support Price (MSP) .DNA - Published | |
