Government Raises Wheat Minimum Support Price By 6% For 2018-19
Mumbai: Government raised the minimum support price (MSP) -- price at which it buys new-season wheat from local farmers -- by Rs 105, or 6 per cent, the farm minister said on Wednesday. The revised purchase price of Rs 1,840 rupees ($25.09) per 100 kg for 2019 compares with Rs 1,735 a year ago, Agriculture Minister Radha Mohan Singh said.
India, the world's second-biggest rice and wheat producer, buys the grain from local farmers at state-set prices to build stocks to run a major food welfare programme.
Earlier, Reuters had reported that India was set to raise support price of wheat by 6 per cent on Wednesday due to growing farmer discontent.
The government also raised support price of chickpea and rapeseed to Rs 4,620 and Rs 4,200 respectively, per 100 kg, Mr Singh added.
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High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
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Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
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Where You Live Shapes How You Get To Work | The Reason Why
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
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France's Economy & Politics Are In Crisis | The Reason Why
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You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
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Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
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