Rabi crop News
As of Tuesday, the state has already procured 76 lakh MT from 8.76 lakh registered farmers, according to the Minister for Urban Development.
The absolute highest increase in MSP has been announced for Rapeseed & Mustard at Rs.300 per quintal followed by Lentil (Masur) at Rs.275 per quintal.
Check Out The Complete Rate Chart Of Minimum Support Prices For All Kharif Crops For Marketing Season 2024-25 After The Latest Hike On MSP By Govt.
The Government of India fixes Minimum Support Price (MSP) for 22 mandated agricultural crops on the basis of the recommendations of the Commission for Agricultural Costs & Prices (CACP).
Wheat production stood at record 99.70 million tonne in the 2017-18 crop year (July-June).
Private traders imported 44.10 lakh tonnes of wheat during the first eleven months of the last fiscal, the government said today.
Modi set out a stern warning of tough action against the "dishonest" people even as he announced a slew of sops for senior citizens, farmers, rural housing, women and small entrepreneurs to soften the blow of demonetisation.
Inflation momentum is likely to increase in the coming months largely due to unseasonal rains which could push CPI inflation to nearly 6 percent in next three months, says a Nomura report.
In Rabi season of 2014-15 crop year, 535.35 lakh hectares were sown under foodgrains and 79.34 lakh hectares under oilseeds.
Government today fixed wheat procurement target at 30.05 million tonnes during the marketing year starting April as against 28 million tonnes purchased by FCI during this year.
Rabi sowing starts from October, while harvesting begins from March.
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