Minimum Support Price News
Farmers Observe Black Friday; Announce A Tractor Rally, Effigy Burning Plans | Watch
A massive tractor rally, burning effigy of the World Trade Organisation and observation of black Friday to condole the Death of Shubhkaran Singh, who died during the farmers’ protest on the Khanuri border, in Sangrur district of Punjab, The farmers’ protest which started on 13 February is gaining momentum.
23 Feb 2024‘Rejected’: Farmers Dismiss Centre’s MSP Offer; Protest To Resume | Watch
The protesting farmers have rejected the government’s proposal in its entirety and have decided to continue with the ‘Delhi Chalo’ March. On Sunday, the group of ministers entrusted to negotiate a truce with the protesting farmers met with members of the farmers’ union and proposed a plan guaranteeing minimum prices for some crops currently traded with no such safeguard. However, the farmers rejected the proposal terming it insufficient.
21 Feb 2024Next govt should abolish MSP in 3 years, cut corporate tax by 5%: Surjit Bhalla
The former EAC-PM member also said India is unlikely to fall in the middle income trapBhalla said Modi govt is the most inclusive government that any country has seen in the past 4-5 years
1 min read20 May 2019Alternatives to MSP fraught with challenges
In response to farmer angst, the government has hiked this minimum price but the MSP system still faces challenges.
1 min read16 Jan 2019The reasons why irate farmers are taking out rallies
Why are farmers protesting? There are long-term structural reasons as well as a short-term reason for it
2 min read3 Dec 2018Govt procures 16.51 mn tons of rice so far; to exceed target
The rice procurement target set for this year was 37 million tonnes
2 min read20 Nov 2018Farmers hit as prices of kharif crops plunge below MSPs
The low wholesale prices come in the wake of the third consecutive year of record harvest in 2018
2 min read11 Oct 2018Are high FMCG valuations about to get in touch with reality?
While the sales growth situation looks promising for companies, this needs to trickle down to higher profit growth. About half of most FMCG companies’ sales go towards meeting input costs
2 min read5 Sep 2018Nothing neutral about August policy of Reserve Bank of India
The Reserve Bank of India is clearly wary of the threats posed by a US-China trade war and volatile markets
2 min read2 Aug 2018Inflation risk seen triggering 25 bps RBI rate hike on 1 August
Of the 15 economists surveyed by ’Mint’, 12 expect RBI to raise its repo rate to 6.5% and only three expect a status quo at the 1 August MPC meeting
2 min read29 Jul 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared