Higher MSPs for paddy and wheat will increase burden on exchequer and discourage farmers from diversifying crops. As 2024 elections approach, there is a strong possibility of more incentives.
Keeping in line with the promises during the election campaign in 2013-14, PM Modi promised to double farm incomes by 2022, but it still needs to be fulfilled.
State govt has instructed to provide price equivalent to minimum support price under its Bhavantar Bharpayee Yojana, and agreed to release farmer leaders arrested after 6 June protest.
Haryana CM says case of sunflower similar to that of millet, which state govt procured at MSP for 3 yrs while bajra was being smuggled in from Rajasthan, where it's abundantly available.
Agitating farmers say state not sticking to procurement promise. Govt says sunflower included in scheme under which farmers paid Rs 1,000/quintal if produce is selling below MSP.
India’s CAD — quantum by which imports exceed exports — grew to $23.9 billion in April-June quarter, the latest data available. Lentils see highest MSP hike of Rs 500 per quintal.
MSP for moong became ceiling price as private traders were unwilling to offer more, claim growers. Another factor was low procurement of produce at MSP by Punjab government.
Sukhpal Singh says repealed farm laws 'catered to corporations', plans to focus on boosting farmer income, crop diversification, favours export of surplus to neighbouring countries.
The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.
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