Minimum Support Price Current Affairs, GK & News
MSP increased for all Rabi crops for 2022-23
Cabinet Committee on Economic Affairs (CCEA) approved an increase in Minimum Support Prices (MSP) for all the mandated Rabi crops on September 8, 2021. Highlights MSP was increased for the Rabi Marketing Season (RMS) 2022-23 with the aim of realigning MSPs in favour of pulses, oilseeds, and coarse cereals. The Differential remuneration aims to encourage ..
Month: Current Affairs - September, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Minimum Support Price • National Mission on Edible Oils-Oil Palm • NMEO-OP • Pradhan Mantri Annadata Aay SanraksHan Abhiyan • Rabi Crops
Centre announces hike in MSP for Kharif Crops
Union Cabinet approved an increase in Minimum Support Price (MSP) of Kharif crops for 2021-22, to increase farmers’ income. Key Points Centre has increased MSP for paddy by Rs It now stands at to Rs 1,940 per quintal for 2021-22 crop. Highest absolute increase in MSP over previous year has been recommended for sesamum, followed by tur ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: fair & remunerative price (FRP) • Kharif Crops • Minimum Support Price • MSP • Oilseeds Production • Rabi Crops • Sugarcane
Punjab to involve Arhtiyas in Direct Payments to Farmers
The Punjab State Government recently told the Union Government that it will pay the Minimum Support Price directly into the accounts of farmers starting this procurement season. However, the Arhtiyas in the state have been opposing to the direct payment. Arhtiyas are Commission Agents in the state. They used to pay the farmers earlier in ..
Month: Current Affairs - April, 2021
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs • States Current Affairs
Topics: Agriculture • Arhtiyas • direct benefit transfer (DBT) • farmer welfare • Minimum Support Price • Minimum Support Price Scheme • Punjab Government
14 Minor Forest Produce Items included under MSP Scheme
The government has decided to include 14 new minor forest produce items under the mechanism for marketing of minor forest produce by the minimum support price scheme. Highlights This new mechanism will help to provide remunerative and fair prices to tribal gatherers of forest produces. The items which have been included in the scheme include- ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: centrally sponsored scheme • Green Revolution • MFP through MSP scheme • Minimum Support Price • Minimum Support Price Scheme • Minor Forest Produce (MFP)
Govt approves hike in MSP for Copra
The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi has approved the Minimum Support Prices (MSPs) for milling copra and ball copra. Key Facts The government has increased the MSP of copra by ₹375 from 2020. Thus, the Copra would cost ₹10,335 per quintal and contributes in boosting the farmers’ income. ..
Month: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Cabinet Committee on Economic Affairs (CCEA) • Minimum Support Price • MSP • MSP for Copra