minimum support price

Telangana Chief Minister A Revanth Reddy vowed to procure all paddy from farmers and threatened to dump unsold produce at the residences of Union ministers and BJP/BRS leaders if the Centre fails to lift it. He urged Prime Minister Modi to intervene, accusing opposition parties of misleading farmers.

Maharashtra Chief Minister Devendra Fadnavis announced that the Centre has agreed to allow NCCF and NAFED to purchase onions directly from farmers. This comes after a delegation met with Union Ministers to discuss the minimum support price issue, with farmers demanding Rs 3000 per quintal.

Thousands Of Tonnes Of Paddy Soaked, Govt Says Will Procure Every Grain

Maharashtra's onion farmers face devastating losses as prices plummet far below production costs. A combination of bumper harvests, weak demand, export disruptions, and unseasonal rains has led to crops rotting and farmers selling at a significant deficit. Many are demanding government intervention and compensation for their distress.

Rabi paddy procurement resumed in Sambalpur district after farmers ended their boycott over token availability and the new vehicle transport system. Following assurances on token distribution and VTS simplification, farmers agreed to resume sales, resolving the deadlock.

Excessive rice stocks have accumulated in the central pool, nearly 4.4 times higher than stocking norms, due to states offering bonuses over MSP and an open-ended procurement policy. CACP recommends limiting procurement, especially in surplus states, and reviewing the open-ended policy to curb rising subsidy burdens.