MSP

Minimum support price (MSP) is an agricultural product price, set by Government to buy directly from the farmer. This is not enforceable by law.

• CCEA Approved Hike in Copra MSP by 3-7% for 2023

  The Cabinet Committee on Economic Affairs (CCEA) recently approved a 3-7 percent increase in minimum support prices (MSPs) for copra for the 2023 season, despite lower market rates.…

• Sugarcane Farmers in Haryana Demand SAP Hike to Rs. 450 pq

  Bharatiya Kisan Union held a peaceful demonstration on Monday at the Naraingarh Sugar Mills as prices of Sugarcane still remain undecided for the year 2022-23 from Haryana Govt. The farmers of Haryana demand price hike from Rs. 362 per quintal to Rs. 450 per quintal.…

• Government Increases MSP for 6 Rabi Crops Including Wheat, Mustard

  The Centre today hiked the minimum support price (MSP) for mustard by Rs 400 to Rs 5,450 per quintal and wheat by Rs 110 to Rs 2,125 per quintal for the current crop year with an aim to double farmers' income and increase production.…

• Second Meeting of MSP Committee to be Held on September 27 in Hyderabad

  The committee has been asked to make recommendations on four topics related to crop diversification which include mapping of the current cropping patterns in the agro-ecological zones of producer and consumer states and three Others topics.…

• Centre Raises Purchase Limit of Moong, Urad Under Price Support Scheme

  According to a statement from the Ministry of Agriculture & Farmers Welfare, the amount per farmer each day has now increased to 40 quintals.…

• SKM Rejects August 22 Meeting of Committee on MSP

  Hannan Mollah, the leader of SKM, rejected the government's recommendation and stated that the agricultural organisation is now determining the future course of action.…

• NITI Aayog Meet: Punjab Chief Minister Bats for Legal Guarantee for MSP

  The chief minister emphasised the importance of making MSP on crops a legal guarantee, saying it is urgently needed to protect farmers' interests. He stated that MSP must be remunerative because agricultural input costs have risen dramatically and farmers are not receiving the correct price…

• Govt Forms Panel to Examine Ways to Strengthen MSP System

  Choudhary also informed the House that Telangana received Rs 15,985 crore from the agricultural infrastructure fund for the fiscal year 2021-22. According to the minister, the committee will look into ways to strengthen the MSP system and how farmers can benefit from the support price…

• Big News! Farmers' Organization Rejects MSP Panel, Claims It Has Those Who Backed Farm Laws

  Samyukta Kisan Morcha has rejected the recently formed government's committee on MSP (minimum support price).…

• Government Forms Committee to Reinforce MSP Mechanism

  The panel will consider measures to develop the Agricultural Marketing System in response to the country's evolving needs in order to assure better value to farmers through remunerative pricing for their goods by capitalizing on local and export prospects.…

• Punjab Government will Compensate Farmers for Selling Moong Below MSP

  The Government will pay up to Rs 1,000 per quintal for compensation to farmers who are selling their produce below the MSP in the market, which is good news for "moong" growers.…

• Farmers will Fight Against Government If It Does Not Bring Law on MSP: Meghalaya Governor

  "The farmers' movement isn't over yet; the dharna has come to an end. Farmers will fight a tough war against the country's administration if a law on MSP is not passed "the Governor of Meghalaya stated…

• Revised MSPs is 47% Lower for Majority of the 14 Crops: Crisil

  According to a Crisil analysis, the MSP is inefficient because of the low intake and large price discrepancies between support and market pricing.…

• India’s Struggle for Permanent Solution to MSP Raises Concerns at WTO

  Subsidies given to farmers, calculated as the excess of MSP over its international price, also known as the External Reference Price (ERP), plus input subsidies, are aggregately measured as support under the current rules of the Agreement on Agriculture (AoA) (AMS).…

• Uttar Pradesh Will Launch an Online Portal to Prevent MSP Fraud

  After Karnataka, the Uttar Pradesh government has decided to launch an online portal to monitor agricultural and crop information.…

• Kerala Government to Set MSP for Five Additional Crops

  Kerala government is planning to set MSP on 5 more crops. In 2020, the state established an MSP for fruits and vegetables.…

• Punjab CM Announces MSP For Moongi To Encourage Crop Diversification & Groundwater Conservation

  Punjab Chief Minister Bhagwant Mann announced a Minimum Support Price (MSP) on the Moongi (lentil) crop on Friday in order to encourage crop diversification across the state while also conserving groundwater.…

• SC-appointed Panel Wants MSP Purchases Capped, Limited to Wheat & Rice

  The three-member committee also recommended that mandi fees charged by Agricultural Produce Marketing Committees (APMCs) be withdrawn to reduce the cost of purchases by traders and enable farmers to fetch higher returns.…

• Farmers Registering to Sell Wheat at MSP in Madhya Pradesh Down by 17 percent Due to Ukraine Crisis

  The number of farmers registering to sell wheat to state agencies in Madhya Pradesh has plummeted by more than 17% because of the rush for wheat by private players, due to a rise in worldwide pricing as a result of the Russia-Ukraine conflict.…

• A Big Push To E-Procurement: Farmers Receive MSP For 14 Crops

  Haryana has become the first state in India to acquire 14 crops at the Minimum Support Price (MSP) thanks to the Meri Fasal-Mera Byora e-procurement platform. Wheat, mustard, barley, grams, paddy, maize, bajra, cotton, sunflower, moong, peanut, tur, urad, and sesame are among these crops.…

• Committee on MSP to Be Formed After Assembly Elections: Tomar

  Agriculture Minister Narendra Singh Tomar said the matter of constituting the MSP Committee is being considered by the ministry and would be constituted after the elections.…

• MSP & Public Procurement Must Be Considered Separately

  Farmers' union leaders are pushing for legal minimum support price (MSP) entitlement for 23 crops now that the Centre has repealed farm laws. Farmers cannot demand these prices as a matter of right because MSP has no statutory backing.…

• Committee On MSP & Farm Issues Will Be Set Up Soon: Agriculture Secretary

  Agrawal was speaking about a three-day national festival focusing on natural farming that would begin on December 14 in Anand, Gujarat. On December 16, Prime Minister Narendra Modi will deliver a virtual valedictory address. During the press conference, Gujarat Chief Secretary Pankaj Kumar was also…

• Would Legalizing MSP, Really Cost the Government of India?

  Legalizing Minimum Support Prices (MSP) has been a long-standing demand of farmers, and yes it does help them somewhat. However, Some people do think that it might end up becoming a debilitating drawback for the Indian economy. But would it really affect the economy that…

• Need for MSP Supported Extensively in Survey by Cvoter

  In New Delhi recently in a CVoter snap survey, respondents were asked if they agreed with other farmers' demand for legally guaranteed MSP on food goods like milk, fruits, vegetables, eggs, chicken, and the like.…

• Crops Selling Below MSP Even After a Global Price Hike

  According to the Government data for the month of October, despite the intense spike in prices recently, freshly harvested crops in India are now being sold at prices below the minimum support price set by the government for the commodities.…

• Government Announced MSP for Black & Green Gram

  The State government on Tuesday announced that it would directly procure 4,000 MT of black gram and 3,367 MT of green gram from farmers during 2021-22. It announced a minimum support price of ₹63 a kg for black gram and ₹72.75 a kg for green…

• Crop Procurement in Haryana to Begin from September 25, Know How to Register

  Crop procurement in Haryana is to begin very soon. Read to know everything about it.…

• Farmers in Punjab fail to receive MSP for Maize

  The maize crop isn't particularly popular among farmers. Farmers in Doaba, a more suited locale for the crop, are resisting the Agriculture Department's efforts to persuade them to cultivate maize as an alternate kharif crop. Farmers believe the low market price, lack of government procurement,…

• Good News for Farmers: Government Increases MSP for Various Kharif Crops

  Following a cabinet resolution on Wednesday, the Centre increased the minimum selling price (MSP) for several kharif crops for the summer-sown season by up to 6%.…

• Direct Payment in Farmers' Account has Started in Punjab

  Punjab farmers are happy after receiving the money of his crop in their account directly…

• Good News! Punjab Government agrees to implement Direct Bank Transfer for Farmers

  Punjab farmers should expect direct online MSP payments starting with the forthcoming procurement season, after the Centre dismissed the state's request for yet another DBT exemption.…

• Holi Gift to Farmers: Centre Hikes Minimum Support Price of Key Rabi crops

  The Government announced a price hike in rabi crops…

• MSP: Why is It Necessary for Farmers and Common People?

  What is MSP, who decides the MSP, when it starts in India, advantages of MSP, what are the crops covered under MSP…

• Kharif Marketing Season 2020-21: Govt Buys Paddy Worth Rs 1.26 Lakh Crore at MSP

  Despite ongoing farmers protests against three new farm laws, procurement of Kharif paddy has risen nearly 15% to 669.59 lakh tonnes at MSP so far in the current Kharif marketing season, costing over Rs 1.26 lakh crore. In October, the Kharif Marketing Season (KMS) begins.…

• Farmers vs Farm Laws: MSP is already been Established as A Legal Right

  In this article we are going to read all the arguments and the reasons given by Mohit Rana, a Delhi High Court lawyer and Ravi Singh Chhikara, a law student at Delhi University; where they talk about how MSP is already a part of our…

• Centre Purchased Paddy worth 1.23-Lakh Crore So Far at MSP

  So far in this Kharif marketing season, the Centre has procured 651,07 lakh tonnes of paddy worth almost 1,23-lakh crore at the minimum support price (MSP) in the midst of farmers' agitation at Delhi's borders against three new farm laws…

• MSP will be Transferred Electronically to Punjab & Haryana Farmers; No Change in APMC Market

  The Central government has taken a big decision for the farmers of Punjab and Haryana. The government said that the MSP will be transferred electronically by the next season.…

• Good News: Shivraj Government Takes Big Decision for Farmers; Details Inside

  Amidst of farmers’ protest, Shivraj government is going to take a big decision. Under this, farmers could sell their wheat produce to private centres also on the MSP.…

• More than 2 Crore Farmers Benefitted from Govt’s MSP Procurement in 2019-20: Agriculture Minister

  New Delhi: Agricultural Minister Narendra Singh Tomar informed Parliament on Tuesday that more than 2 crore farmers benefitted from the government’s procurement of seven commodities at the MSP during the year 2019-20.…