India approves increase in minimum support price for Kharif crops

India

Published Jun 10, 2021

Tridge summary

India’s Cabinet Committee on Economic Affairs has approved the increase in the minimum support prices (MSPs) for all mandated kharif crops for marketing season 2021-22, a government statement said. It said the highest absolute increase in MSP over the previous year has been recommended for sesamum (Rs. 452 per quintal) followed by tur and urad (Rs. 300 per quintal each).

Original content

In case of groundnut and nigerseed, there has been an increase of Rs 275 per quintal and Rs 235 per quintal respectively in comparison to last year. The differential remuneration is aimed at encouraging crop diversification. ...

Source: Indoasiancommodities

What to read next

Wheat stabilizes at contact with €230/t

TerreNet · Apr 25, 2024

The Parliamentary Agriculture Committee rejected the position of the Ministry of Climate regarding the wolf population

AgroPolska · Apr 26, 2024

The Spanish potato sector, concerned about the 600% increase in imports from Egypt

Agrodiario · Apr 26, 2024

Rapeseed falls below €460/t

TerreNet · Apr 25, 2024

The government on aid for farmers. The regulation on cereal subsidies adopted

AgroPolska · Apr 25, 2024

Read more relevant content

Forecasting Supply Chain Impact after EUDR Implementation: Lessons learned from EUTR

Hyunwoo Lee · Apr 25, 2024

Implications of the EUDR for the Malaysian and Indonesian Palm Oil Industries upon Implementation

Benjamin Lategan · Apr 25, 2024

Export Performance of Chile’s Processed Fruits During Jan-24 and Feb-24

Xchel Perez · Apr 24, 2024

Ensuring Compliance and Sustainability in the Cocoa Industry: Collaboration with the Rainforest Alliance

Mzingaye Ndubiwa · Apr 24, 2024

The Bittersweet Story of Traceability and Ethical Sourcing Practices of Confectionery Industry Leaders

Sun Jae Lee · Apr 24, 2024

On-the-Ground Updates

Egypt's Fresh Garlic Prices Soared by 40% MoM in Apr-24 Amid Inflation and Currency Changes

Emad Kader · Apr 24, 2024

On-the-Ground Updates

Stable Bread Prices in Egypt Despite 10% MoM Drop in White Wheat Prices

Emad Kader · Apr 24, 2024

Impact of Weather Events on Ecuador's Agricultural, Productive, and Energy Sectors

Gabriela Cabezas · Apr 23, 2024

By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.