Wednesday, June 1, 2016

MSP for pulses to go up by Rs 200 to persuade farmers to switch to cultivation of crop

New Delhi: Seeking to turn farmers more towards cultivating pulses, the Cabinet is likely to increase the minimum support price (MSP) for the crop by at least Rs 200 per quintal on Wednesday. The proposed hike in MSP for paddy in contrast will be only Rs 60 per quintal indicating the government's intention of making production of pulses more remunerative.

The steep hike in MSP of pulses will be for the second consecutive year as retail prices refuse to come down due to acute shortage in domestic production. Last June, MSP for arhar and urad was increased by Rs 275 per quintal and for moong by Rs 250 per quintal. Sources said that the agriculture ministry has proposed an increase in pulses MSP over and above the recommendations made by the Commission for Agricultural Costs and Prices (CACP). They added while CACP has suggested hike of Rs 200 per quintal in the MSP of arhar, the ministry has proposed more than Rs 200 hike per quintal .

CACP has proposed a hike of Rs 150 per quintal each for moong and urad dal.

Govt shud really do something as far as the prices of pulses are concernedNaveen Kasyap Kambhatla

Meanwhile, Niti Aayog member Ramesh Chand on Tuesday said that though he agreed to some extent that giving higher MSP will bring some shift in area to pulses, it will not help in raising production. News agencies reported Chand saying that government needs to "rethink" the decision.

In case of oilseeds, the CACP has proposed an increase in MSP of soyabean yellow by Rs 75 per quintal and Rs 50 per quintal jump in the MSP of sunflower seed. The other proposals include Rs 90 per quintal increase in the support price of groundnut shell and Rs 100 per quintal hike in sesame seed. Sources said that the Cabinet Committee on Economic Affairs (CCEA) is also likely to approve a proposal to allocate extra 62,300 tonnes of grains on a monthly basis for supply through ration shops in Tamil Nadu, Kerala and Nagaland, which have not yet implemented the food law.

Source : TOI 

No comments:

Post a Comment