IMF welcomes India’s recent decision to relax its ban on wheat exports, and let some shipments. The International Monetary Fund (IMF) is worried that some countries are restricting the export of food and fertiliser, which can make global prices go up and market volatility worse. The...
MSP had almost no impact on 12 of the 14 crops covered by the scheme: Analysis. According to an analysis, if the very low level of procurement under the MSP is any indication, the scheme itself is inefficient, given the low intake and massive price differences between support and market...
Flipkart & Spices Board of India join to provide market access to the spices sector across the country. Flipkart has announced a collaboration with the Spices Board through its initiative Favourite Spices Trading Limited to provide national market access and to promote farmers and...
MSP for fourteen different crops was hiked by Cabinet for Kharif Season 2022-23. The minimum support price (MSP) for fourteen different crops was hiked on Wednesday by the Cabinet in preparation for the Kharif Marketing Season of 2022-2023. It was recommended that the minimum support...
Farmers say that the Centre failed to account for rising inflation while increasing MSP for Kharif crops. Stakeholders in the agriculture sector have mixed reactions to the Centre’s announcement of a 4.4% to 8.86% increase in the minimum support price (MSP) for Kharif crops on...
