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Tag: MSP

Stubble burning: Parliamentary Panel calls for MSP-like pricing for paddy residue – CNBC TV18

[ad_1] A parliamentary panel on Tuesday recommended setting up a mechanism to determine a minimum price for paddy residue, similar to the Minimum Support Price (MSP) for crops, to discourage stubble burning in winter. In its report tabled in the Rajya Sabha, the Committee on Subordinate Legislation suggested that these benchmark prices should be reviewed […]

Government permits procurement of soybean with higher moisture content – CNBC TV18

[ad_1] The Ministry of Agriculture and Farmers Welfare has announced a one-time relaxation allowing the procurement of soybeans with moisture content up to 15% under the Price Support Scheme (PSS) for the Kharif 2024-25 season. This adjustment raises the permissible moisture level from the previously prescribed Fair Average Quality (FAQ) standard of 12%. The measure […]

Temporary spike in food inflation expected to stabilise soon, says Ramesh Chand – CNBC TV18

[ad_1] Ramesh Chand, Member of NITI Aayog, recently addressed the rising inflation in India, particularly the surge in food prices that contributed to a 5.5% increase in the consumer price index (CPI) for September. He discussed the challenges surrounding food inflation, emphasising the volatility of fresh vegetable prices, which are difficult to control due to […]

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