The Center Announces New MSPs for Kharif Crops; hike favors nutritious cereals, oilseeds and legumes | India News

India
The Center Announces New MSPs for Kharif Crops;  hike favors nutritious cereals, oilseeds and legumes |  India News


NEW DELHI: The Center announced on Wednesday a new minimum support price of 14 kharif (summer sown), giving a hike Rs 72 per quintal to the most popular cultivated rice: Rs 1,868 per quintal in 2020-21 to Rs 1,940 per quintal in the 2021-22 marketing season.
However, the largest absolute increase in EMP over the previous year has been announced for sesame (452 ​​rupees per quintal), followed by tur and urad (300 rupees per quintal each). However, it is estimated that the expected returns for farmers over their cost of production will be higher in the case of Bajra (85%) followed by urad (65%) and tur (62%). For the rest of the crops, it is estimated that the return to farmers on their cost of production is at least 50%.
In the case of groundnuts and nigera seed, there has been an increase of Rs 275 per quintal and Rs 235 per quintal, respectively, compared to last year.

The walk is in tune with the government’s plan to encourage farmers to opt for coarse grains (nutri-cereals), oilseeds and legumes in a big way.
The increase, recommended by the Commission of Agricultural Costs and Prices (CACP), was approved by the Cabinet Commission on Economic Affairs (CCEA), chaired by the Prime Minister Narendra modi, on Wednesday.
“Differential remuneration is aimed at promoting crop diversification,” said Agriculture Minister Narendra Singh Tomar, announcing the cabinet’s decision.
He said: “The MSP increase for kharif crops for the 2021-22 marketing season is in line with the announcement of the 2018-19 budget to set the MSP at a level of at least 1.5 times the average cost of production. Weighted of All India CoP), with the aim of obtaining a reasonably fair remuneration for farmers. ”
“Concerted efforts were made in recent years to realign SMPs in favor of oilseeds, pulses and coarse grains to encourage farmers to shift to larger areas with these crops and adopt the best agricultural technologies and practices to correct the imbalance. between supply and demand, ”Tomar said.
He said the additional focus on nutrient-dense nutritious cereals was to incentivize their production in areas where rice and wheat cannot be grown without long-term adverse implications for the water table.
In order to increase the acreage of oilseeds, the Ministry of Agriculture recently approved an ambitious plan for the free distribution of high-yielding seed varieties to farmers for the 2021 kharif season in the form of mini-kits. The special kharif program is expected to generate an additional acreage of Rs 6.37 thousand per hectare of oilseeds. It is likely to produce 120.26 lakh of quintals of oilseeds, which is equivalent to 24.36 lakh of quintals of edible oil.
Furthermore, in order to achieve self-sufficiency in the production of pulses, a special kharif strategy has been prepared for implementation in the next kharif season 2021.
“A detailed plan for area expansion and productivity improvement has been formulated for Tur, Moong and Urad. Under the strategy, all available high-yield seed varieties (VAR) will be distributed at no cost to increase the area cultivated with legumes, ”said the minister.

.



Source link