Connect with:
Tuesday / December 3. 2024

logo
mobile-logo
HomePosts Tagged "msp"
AgroPolicy, Foodgrains, India, Pulses

Centre issues advisory for mandatory stock disclosure of Masur (lentil) with immediate effect

The Department of Consumer Affairs, Government of India has issued an advisory for mandatory stock disclosure of Masur (lentil) with immediate effect. All the stakeholders should mandatorily disclose their Masur stock on the stock disclosure portal (https://fcainfoweb.nic.in/psp) managed by the department every Friday. Any undisclosed stock if found, will be considered as hoarding and suitable action under the EC Act would be initiated.

Rohit Kumar Singh, Secretary of, the Department of Consumer Affairs, during the weekly price review meeting, instructed the department to broad-based the lentil buffer procurement. The objective is to procure available stocks at prices around the MSP. This came at a time when NAFED and NCCF had to suspend their tenders to purchase imported lentils due to exorbitantly high bids received from few suppliers amid hints of cartelisation.

Secretary, of Consumer Affairs, stated that at a time when lentil import flow increases from Canada and Tur imports from African countries, few players are trying to manipulate the market against the interest of the consumers and the Nation. The government is watching the developments very closely and will initiate stringent measures to get the stock released into the market so that the availability of all pulses at reasonable prices during the festival season is ensured.

He further added that judiciously balancing the interest of the farmers vis-à-vis the consumers is paramount and that the Department will not hesitate to initiate stern action against those trying to hurt the interest of Indian consumers and farmers in an unscrupulous manner.

Centre issues advisory for mandatory stock disclosure

AgroPolicy, Foodgrains, Supply Chain

Over 1.22 Crore farmers benefit with MSP outflow of over Rs. 1,71,000 Crores during ongoing paddy procurement operations

Paddy procurement by the Government of India during the Kharif Marketing Season (KMS) 2022-23 has progressed smoothly. More than 830 Lakh Metric Ton (LMT) paddy has been procured for Central Pool up to 19.06.2023 under Minimum Support Price (MSP) operations. Over 1.22 crore farmers have so far benefited from the ongoing paddy procurement operations of KMS 2022-23 with an MSP outflow of Rs. 1,71,000 crores transferred directly into their accounts.

The Government has ensured that all arrangements are in place for hassle-free procurement operations. Rice delivery against the procured paddy is also in progress and against the procurement of 830 LMT paddy (558 LMT in terms of Rice), around 401 LMT rice has been received in the Central Pool up to 19.06.2023 with another 150 LMT yet to be received.

Wheat procurement during the ongoing Rabi Marketing Season (RMS) 2023-24 has also progressed smoothly. The progressive procurement of wheat in the current season up to 19.06.2023 is 262 LMT which is well above last year’s total procurement of 188 LMT by 74 LMT. About 21.29 Lakh farmers have already benefited from the ongoing wheat procurement operations with an MSP outflow of about Rs. 55,680 crores. Major contribution in the procurement has come from three procuring states of Punjab, Madhya Pradesh and Haryana with procurement of 121.27 LMT, 70.98 LMT and 63.17 LMT respectively.

The MSP payment to the farmers this year for the procurement of wheat and paddy combined is Rs. 2,26,829 crore against last year’s total payment of Rs. 2,05,896 crore.

With the current procurement of wheat and rice, adequate food grains stock in Government granaries is maintained. The combined stock position of wheat and rice has reached 570 LMT which puts the country in a comfortable position to meet its requirements of food grains.

Over 1.22 Crore farmers benefit with MSP

AgroPolicy, Foodgrains, India, Pulses

India needs a dynamic trade policy to promote agricultural exports, issues related to agri-export infrastructure, agri-value chains, Sanitary and Phytosanitary (SPS) measures

Binod Anand the Secrertary General of Confederation of NGOs for Rural India (CNRI), a member of the Committee on MSP and Agri Reforms appreciated the recent announcement government to hike the Minimum Support Price (MSP) for Kharif crops.    

Anand, who hails from cooperative sector, strongly advocated utilising PACS (Primary Agriculture Cooperative Society) for structural changes in procurement directly from farmers and democratisation of the value chain.

The Cabinet Committee on Economic Affairs (CCEA) approved the increase in MSP on June 7, 2023, for all mandated Kharif crops for the marketing season 2023-24. As per the list released by PIB, GoI announced an increase in MSP rates for the crops of Paddy-Common, Paddy-Grade A, Jowar-Hybrid, Jowar-Maldandi, Bajra, Ragi, Maize, Tur/Arhar, Moong, Urad, Moongfali (Groundnut), Sunflower seed, Soybean (yellow), Sesamum, Nigerseed, Cotton (Medium staple) and Cotton (Long Staple).  The expected margin to farmers over their cost of production is estimated to be highest in the case of Bajra (82 per cent) followed by Tur (58 per cent), Soybean (52 per cent) and Urad (51 per cent). For the rest of the crops, the margin to farmers over their cost of production is estimated to be at least 50 per cent.

Welcoming the announcement, Binod Anand said, “The MSP of many crops like Jowar, Bajra, Ragi, Nigerseed in comparison to MSP declared for 2014-15, whereas the other crops have witnessed the increase in the rage of 70 to 90 per cent, which is significant if you look at the global scenario.”

Anand also underlined the progress on the front of agricultural exports, wherein India’s agricultural exports increased by about 22.7 per cent in 2020-21, from ₹2.6 lakh crore in 2019-20 to ₹3.2 lakh crore in 2020-21, which further increased to ₹3.9 lakh crore in 2021-22, an increase of 21.6 per cent.

He said that India needs a dynamic trade policy to promote agricultural exports, issues related to agri-export infrastructure, agri-value chains, Sanitary and Phytosanitary (SPS) measures, Technical Barriers to Trade (TBT) and traceability, export procedures and documentation, etc. need to be addressed apart from giving special thrust on the export of value-added processed products and organic produce.

India needs a dynamic trade policy to

AgroPolicy, Foodgrains, Supply Chain, Sustainability

A quantity of 354 LMT of rice has been procured

During the ongoing Rabi Marketing Season (RMS), 195 Lakh Metric Tonnes (LMT) of wheat have been procured surpassing procurement done in 2022-23. This has largely benefited the farmers. In RMS 2022-23, the procurement was 188 LMT.
 
MSP outflow of about 41 thousand 148 crores has already been made to about 14.96 lakh farmers during the ongoing wheat procurement operations. Major contribution in the procurement has come from three wheat-procuring States of Punjab, Haryana and Madhya Pradesh.
One of the major factors, contributing to the progressive procurement this year, is the grant of relaxation by the Government in quality specifications of wheat being procured, in view of untimely rains leading to lustre loss. This will reduce the hardship of farmers and check any distressed sales.
The Consumer Affairs, Food and Public Distribution Ministry said, rice procurement is also progressing smoothly. A quantity of 354 LMT of rice has been procured till now.

In addition, rice procurement is also progressing smoothly. A quantity of 354 LMT of rice has been procured till 26.04.2023 during the Kharif crop of KMS 2022-23 with another 140 LMT yet to be procured. Further, a quantity of 106 LMT rice has been estimated to be procured during the Rabi crop of KMS 2022-23.

The combined stock position of wheat and rice in the Central Pool has surpassed 510 LMT which puts the country in a comfortable position to meet its requirements of food grains. With the ongoing procurement of wheat and rice, the food grains stock levels are on the rise in Government granaries.

A quantity of 354 LMT of rice

Trade

Requests from several countries for importing wheat from India are being processed at the government level

M Angamuthu, Chairman, APEDA, recently stated that the government’s move to restrict wheat exports last month has been primarily focussed on meeting domestic demand while protecting the farmers’ income.

Angamuthu said India has kept its wheat export options open for those developing countries to meet their food security needs after restriction on shipment of wheat was announced last month. Requests from several countries for importing wheat from India are being processed at the government level.

This year, wheat farmers have been immensely benefited in terms of procurement by the government’s agencies at Minimum Support Price (MSP) while a significant chunk of commodity has been sold to private trade at much above MSP.

The decision to ban wheat export was taken to ensure the availability of wheat for the domestic supply chain. Sudden spurt in exports in April created concern over domestic price stability and supply that prompted the government to take the ‘regulatory’ measure like restricting wheat export.

Keeping the interest of farmers as the top priority, the government allowed them to sell their wheat at higher prices at above MSP to private traders across several mandis besides procuring wheat at MSP across all the key grain growing states including Punjab, Haryana, Uttar Pradesh, Madhya Pradesh and Rajasthan.

The Government had regulated wheat export from May 13, 2022 which changed the market dynamics, preventing speculative wheat trading and cooled down the inflationary trend of the price of wheat and products made out of it in the domestic market.

Requests from several countries for importing wheat

AgroPolicy

The government has increased the MSP of Kharif Crops for Marketing Season 2022-23, to ensure remunerative prices to the growers for their produce and to encourage crop diversification

The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi, has recently approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2022-23. 

The government has increased the MSP of Kharif Crops for Marketing Season 2022-23, to ensure remunerative prices to the growers for their produce and to encourage crop diversification.

The increase in MSP for Kharif Crops for Marketing Season 2022-23 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 50 per cent over the All-India weighted average Cost of Production, aiming at reasonably fair remuneration for the farmers. It is notable that, return over MSP for bajra, tur, urad sunflower seed, soybean and groundnut is more than 50 per cent over the All-India weighted average Cost of Production at 85 per cent, 60 per cent, 59 per cent, 56 per cent, 53 per cent and 51 per cent respectively.

Concerted efforts have been made over the last few years to realign the MSP in favour of oilseeds, pulses and coarse cereals to encourage farmers to shift larger area under these crops and adopt best technologies and farm practices, to correct demand – supply imbalance. 

The government has increased the MSP of

AgroPolicy

It is a progressive step towards ensuring better remunerative returns to the jute growers and to incentivise quality jute fibre

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister, Narendra Modi, has approved the Minimum Support Price (MSP) for raw jute for 2022-23 season on March 22, 2022. The approval is based on recommendations of the Commission for agricultural costs and prices.

The MSP of raw jute (TDN3 equivalent to TD5 grade) has been fixed at Rs 4750 per quintal for 2022-23 season with an increase of Rs 250- over the previous year. This would ensure a return of 60.53 per cent over all India weighted average cost of production. The announced MSP of raw jute for 2022-23 season is in line with the principle of fixing the MSP at a level of at least 1.5 times all India weighted average cost of production as announced by the Government in the Budget 2018-19.

It assures a minimum of 50 per cent as margin of profit. It is one of the important and progressive steps towards ensuring better remunerative returns to the jute growers and to incentivise quality jute fibre.

The Jute Corporation of India (JCI) will continue as Central Government Nodal Agency to undertake Price Support Operations and the losses incurred, if any, in such operations, will be fully reimbursed by the Central Government.

It is a progressive step towards ensuring

Finance, Seeds

The finance minister’s announcement to use Kisan drones to map the production is indeed a very good step

The Finance Minister of India has announced various steps particularly focusing on technology in agriculture, which is a very progressive move, according to Bimal Kothari, Vice-chairman, India Pulses and Grains Association (IPGA).

He adds, “Crops like pulses and edible oil seeds require special attention because India has been importing them. Though the production of pulses has been given a boost, still, we are importing about 2.5 million tonne of pulses annually. Also, the demand for pulses is increasing to one million tonne annually, so by 2030, India’s demand will be around 30 to 33 million tonne of pulses. Therefore, we need to enhance the production and not just focus on increasing the minimum support price (MSP) every time as it is going to hurt the consumers in the long run. Our Prime Minister’s vision to double farmers’ income can be attained by increasing productivity. As of now, our productivity is low in comparison to international levels.”

According to him, the finance minister’s announcement to use Kisan drones to map the production is indeed a very good step. This will allow to estimate the production and understand the crop losses accurately. It will also be very useful in spraying insecticides. Not just the farmers but even the government will benefit from this drone scheme.

However, he opined that the measures announced for startups in the budget will encourage Agri-tech although this is at a very initial stage as there is still a lot that needs to be done. The contribution of the farming sector in GDP is very less hence we need to bring in more value addition.

Kothari added, “This will happen only if we stop relying on sales of raw materials and use these raw materials to sell value-added products. In the pulses sector, a lot of development is being done in the western world in terms of alternative protein or plant-based meat which is now being introduced in India as well. Therefore, if advanced technologies are brought and set up in India it will not only help the trade and industries but will also help the farmers immensely. As value addition will have an impact on the farming sector. Also, the finance minister has announced the allowance of Rs 2,37,000 crores for procurement of MSP.”

He further mentioned that the government is doing a lot of programmes for wheat and rice which is going on for decades but now more focus is required on oilseeds and pulses. In the pulses sector, there has been procurement in the last three to four years, but this needs to be more channelised. So, the government can do a market intervention to control the prices when the production gets affected due to unavoidable events. This is more important in the pulses sector because India’s pulses production is far better than pulses production in other countries. Therefore, if India faces any shortage of pulses, it won’t be possible to make it up through international markets as well.

The finance minister’s announcement to use Kisan

AgroPolicy, Supply Chain

Punjab raises the bar by procuring 1,86,85,532 MT of paddy which in turn benefits 9,24,299 farmers with the MSP value of 36623.64 crore

Govt procures 53,286,457 MT of paddy till Jan 9, 2022

Punjab raises the bar by procuring 1,86,85,532 MT of paddy which in turn benefits 9,24,299 farmers with the MSP value of 36623.64 crore

The paddy procurement has begun in Kharif Marketing Season (KMS) 2021-22 at MSP from farmers, as was decided in previous years. Near about 532.86 LMT of Paddy has been procured in KMS 2021-22 up to 09.01.2022 in the procuring States/UTs of Chandigarh, Gujarat, Assam, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Punjab, Uttar Pradesh, Uttarakhand, Telangana, Rajasthan, Kerala, Tamil Nadu, West Bengal, NEF (Tripura), Bihar, Odisha, Maharashtra, Chhattisgarh, Andhra Pradesh and Madhya Pradesh.

Among states, Punjab raises the bar by procuring 1,86,85,532 MT of paddy which in turn benefits 9,24,299 farmers with the MSP value of 36623.64 crore. Other leading states after Punjab are Chhattisgarh procuring 67,65,986 MTs, Telangana 65,54,739 MTs, Haryana 55,30,596 MTs followed by Uttar Pradesh which has procured 46,50,290 MTs of paddy so far. 

The MSP serves as the floor prices and is therefore fixed by the government of India like a long-term guarantee for investment decisions of producers, with the assurance that prices of their commodities would not be allowed to fall below the level fixed by the government, even in the case of a bumper crop.

Punjab raises the bar by procuring 1,86,85,532

AgroPolicy

The entire decision was made after paying heed to the recommendations of the Commission for Agricultural Costs and Prices (CACP)

The Cabinet Committee on Economic Affairs (CCEA) has given its approval for the Minimum Support Price (MSP) of Copra for 2022 season. The Committee was chaired by the Prime Minister, Narendra Modi.

The entire decision was made after paying heed to the recommendations of the Commission for Agricultural Costs and Prices (CACP). Which makes it sure that the minimum of 50 per cent, as margin of profit as one of the important and progressive steps towards making possible doubling of farmers’ incomes by 2022.

The MSP for Fair Average Quality (FAQ) of milling copra has been increased to Rs 10,590/- per quintal for 2022 season from Rs 10,335/- per quintal in 2021 and the MSP for ball copra has been increased to Rs 11,000/- per quintal for 2022 season from Rs 10,600/- per quintal in 2021. All of it will make a return of 51.85 per cent for milling copra and 57.73 per cent for ball copra over the all India weighted average cost of production.

The increase in MSP for copra for 2022 season is in line with the principle of fixing the MSP at a level of at least 1.5 times the all India weighted average cost of production as announced by the Government in the budget 2018-19.

The National Agricultural Cooperative Marketing Federation of India Limited and National Cooperative Consumer Federation of India Limited will continue to act as Central Nodal Agencies to undertake price support operations at the MSP in the coconut growing State.

The entire decision was made after paying