False


Download Learnerz IAS app from the Play Store now! Download

$show=search/label/May%202022

 


MSP on Crops UPSC NOTE

SHARE:

  Potential impact of guaranteeing a MSP across all crops in India Guaranteeing a MSP across crops would support farm incomes and spur cons...

 Potential impact of guaranteeing a MSP across all crops in India

  • Guaranteeing a MSP across crops would support farm incomes and spur consumption demand,said CRISIL.

  • CRISIL is a  Market Intelligence & Analytics said on Wednesday.

  • CRISIL estimating the “real cost” of such a guarantee at around ₹21,000 crore, based on Marketing Year (MY) 2023 trends.

  • While MSP-based procurement is done in only a few States, the firm said a guarantee will percolate its benefit to other regions

  • CRISIL’s analysis focused on 16 of the 23 crops for whom MSPs are announced, which account for over 90% of India’s farm output.

  • Our calculations show it will need a working capital of around ₹6 lakh crore in Marketing Year (MY) 2023. 

  • The real cost to the government, though, will be the difference between MSP and mandi prices,”

  • In MY 2023, when half the 16 crops traded above MSP and half below it, that would add up to ₹21,000 crore. 

  • The cost could be higher if the government offloads the commodities in mandis because then prices could fall further than what was seen in those markets in 2022-23.

  • In kharif 2022 and rabi 2023, just 9% of mustard production was procured, and 3% of five other crops.

  • In this milieu, guaranteeing MSP for all crops can lead to farmers moving to crops other than paddy and wheat


COMMENTS

Name

Amritsar,1,April 2024,301,Art & Culture,11,August 2023,251,August 2024,400,Courses,7,Daily Current Affairs,51,December 2023,189,December 2024,76,Disaster Management,2,Environment and Ecology,323,February 2024,228,Foundation Course,1,Free Class,1,GDP,1,GEMS Club,1,GEMS Plus,1,Geography,311,Govt Schemes,2,GS 2,1,GS1,56,GS2,454,GS3,291,GS4,1,GST,1,History,12,Home,3,IAS Booklist,1,Important News,71,Indian Economy,310,Indian History,24,Indian Polity,341,International Organisation,12,International Relations,260,Invasive Plant,1,January 2024,240,July 2023,281,July 2024,375,June 2022,6,June 2023,268,June 2024,324,March 2024,238,May 2022,17,May 2024,330,Mentorship,2,November 2023,169,November 2024,341,Novermber 2024,2,October 2023,203,October 2024,369,Places in News,2,Science & Technology,318,Science and Technology,119,September 2023,205,September 2024,336,UPSC CSE,115,UPSC Tips,4,
ltr
item
Learnerz IAS | Concept oriented UPSC Classes in Malayalam: MSP on Crops UPSC NOTE
MSP on Crops UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
https://www.learnerz.in/2024/02/msp-on-crops-upsc-note.html
https://www.learnerz.in/
https://www.learnerz.in/
https://www.learnerz.in/2024/02/msp-on-crops-upsc-note.html
true
4761292069385420868
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content