Centre hikes MSP for wheat by ₹50 to ₹1,975/quintal
Facing widespread farmer protests over the farm sector bills just passed in Parliament, the Centre on Monday announced Minimum Support Prices (MSP) for major crops of the forthcoming rabi season at least a month in advance. However, the quantum of increase was subdued both in value and percentage as compared to the previous season.
Floor price for wheat, the main rabi cereal crop, has been increased by ₹50 to ₹1,975 per quintal, up by about 2.6 per cent over the previous season. The support price for chana has been increased by ₹250 to ₹5,125, masoor by ₹300 to ₹5,100 and mustard by ₹225 to ₹4,650 per quintal. The MSP increases in the previous rabi marketing season were ₹85 (wheat), ₹255 (channa), ₹325 (masoor) and ₹225 (mustard) respectively. Similarly, the increase of ₹75 per quintal for barley to ₹1,600 and safflower by ₹112 per quintal to ₹5,327 were lower than an increase of ₹85 per quintal (barley and ₹270 (safflower) in the 2020-21 RMS.
Lockdown effect: Coffee exports down by 26,400 tonnes
The lockdown has brought down coffee exports by 26,400 tonnes during the two-month period.
In a written reply to Shobha Karandlaje, Member of Parliament from Udupi-Chikmagaluru Lok Sabha constituency on Monday, Piyush Goyal, Union Minister of Commerce and Industry, said that coffee exports declined by about 26,400 tonnes between March 25 to May 31, as per the export permits issued by the Coffee Board and inputs received from exporters.
Gujarat announces ₹3,700-crore relief package for kharif crop loss
The Gujarat government on Monday announced ₹3,700-crore relief package for the farmers who suffered crop loss due to excess rains and flooding in several parts of the State.
Making an announcement in the State Assembly, Chief Minister Vijay Rupani stated that total 37 lakh hectares of area under 123 tehsil (taluka) will qualify for the relief. This covers 20 districts of the total 33 districts of the State.