India to rope in private players for foodgrains procurement

The Centre will soon invite private players along with Food Corporation of India and other state agencies to procure foodgrains for buffer stock, food secretary Sudhanshu Pandey said. He informed that the Union food ministry has already written to all the state governments regarding this. Addressing 82nd annual general meeting of Roller Flour Millers Federation of India, […]

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Committee on MSP to hold its second meeting on 27 September in Hyderabad

The government’s committee on the minimum support price (MSP), natural farming and crop diversification will hold its second meeting on September 27 in Hyderabad. The meeting is likely to be held in the campus of the National Institute of Agricultural Extension Management (MANAGE), Hyderabad. In the first meeting held on August 22 in the national capital, the […]

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

The existing limit for farmers in Madhya Pradesh purchasing moong and urad under the Price Support Scheme (PSS) for summer 2021–2022 has been increased from 25 to 40 quintals per farmer per day by the union government. This comes after Narendra Singh Tomar, the Union Minister of Agriculture and Farmers Welfare, and Kamal Patel, the Madhya […]

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Committee on MSP to meet on 22 August for its first session

The committee on Minimum Support Price (MSP) is scheduled to hold its first meeting on August 22 to discuss future strategies, according to official sources. In the first meeting, the committee will introduce members, deliberate on “future strategies” and discuss setting up sub-panels to cover the wide issues mentioned in the terms of reference. Meanwhile, […]

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India wheat prices skyrocket; limit scope for govt-to-govt deals

Indian wheat prices jumped to a record high, despite a ban on exports, amid strong demand and dwindling supply from a crop damaged by heatwave. The price rally has reduced chances of India supplying substantial amounts of wheat under government-to-government deals with countries struggling to secure shipments amid the disruption of the war in Ukraine. […]

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Niti Aayog member suggests Deficient Pricing Payment (DPP) to replace MSP

The minimum support price on agri crops should continue as long as markets become competitive and efficient, but it should be given through means other than procurement, government think-tank Niti Aayog member Ramesh Chand said last week. Chand, while addressing a conference on ‘Getting agriculture markets right’, organised jointly by National Stock Exchange and ICRIER […]

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