A quiet transformation took place in India’s rural economy within five years of MSP’s introduction. All doubts about India's ability to feed itself were laid to rest.
Some of the heated debates now playing out in Pakistan mirror those that followed Modi’s 2020 farm law announcement. But in Pakistan, the reforms are tied to IMF loan conditions.
Committee has also suggested real-time crop monitoring, district-level stubble collection centres and biomass incentives for better crop residue management.
The Jagjit Singh Dallewal-led agitation for ‘legal MSP’ is a pale shadow of the 2020-21 movement against new farm laws. MSP may not be as salient today as it once was.
Five countries led by US estimate that India provides support to its rice and wheat farmers ‘vastly in excess’ of what it reports to WTO. India has refuted all allegations.
The Cabinet Committee on Economic Affairs Wednesday approved price hikes for six rabi crops. The MSP for wheat is now Rs 2,425 per quintal for the 2025-26 marketing season.
Farmers should be treated as businessmen deserving of fair compensation for their produce, instead of being subjected to inadequate payments under welfare programmes like PM-KISAN.
The research report also pointed out that only few states benefit from govt's procurement policy. It added that a legal guarantee for MSP would lead to the neglect of non-MSP crops.
The state registered a steep drop in procurement from 70.69 lakh metric tonnes last year to only 47.69 LMT in 2024-25 despite the MP govt announcing a Rs 125 bonus per quintal.
Majority of economists oppose government-fixed MSPs that use cost-plus pricing as they think that supporting farmers with 'income' rather than 'price' is preferable.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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