COMMENTARY – Higher sugar MSP positive, but domestic surplus situation overhung

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Authors: Ms. Khushbu Lakhotia, Senior Analyst, Corporate Ratings, India Ratings and Research (Fitch Group) & Mr. Jinesh Rajpara, Analyst, India Ratings and Research (Fitch Group)  The recent hike by Rs. 2 per kilogram (kg) in the minimum selling price (MSP) of sugar to Rs.31 per kg could generate an additional income of Rs.30-35 billion for […]

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Minimum Support Price for paddy, pulses and other kharif crops hiked in India

The Union Ministry of Agriculture has approved an increase in minimum support price (MSP) in the range of 5% to 8% for various kharif or summer grown crops, including paddy, pulses, oilseeds and cotton, for the 2017-18 crop season (July-June). The government has approved Rs.80 per quintal hike in paddy MSP, while support price of […]

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