BURNING ISSUE
Business Standard|October 10, 2024
Minimum support price has been a bone of contention between the farmers in Punjab and the state and Centre
SARTHAK CHOUDHURY
BURNING ISSUE

On September 28, as people gathered around Hall Gate in Amritsar to commemorate Bhagat Singh's birth anniversary, a sight left the people entering the walled city shocked. A group of farmers, riding on tractors and trucks, scattered basmati rice on city roads and demanded that the government ensure a fair price. Starting outside the office of the Deputy Commissioner, the farmer's cavalcade later moved through various roads in the city and scattered the produce on the road.

Anguished over the low prices being offered to them for basmati, a farmer said: "We sold this for ₹3,500-4,000 last time. This time we are selling it for nearly ₹2,000 per quintal. We are poor farmers and don't like wasting. But we see no other way of putting our point across."

MSP or minimum support price has been a bone of contention between the farmers in Punjab and the state and central government. MSP has largely been touted as one of the obstacles in the diversification push the Centre advocates, largely leading to farmers resorting to a two-crop cycle.

This has led to incidents of stubble burning, as the farmers burn the paddy residue to sow wheat. Unlike previous years, the number of stubble burning incidents has reduced considerably this year. From the onset of the stubble burning season son beginning on October 1, Punjab Chief Minister Bhagwant Mann chaired a meeting to make sure the procurement of paddy is hassle-free.

Diese Geschichte stammt aus der October 10, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October 10, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS STANDARDAlle anzeigen
Business Standard

Record 2,509 stocks flashing red in Feb

BSE's advance-decline ratio now at 0.77, near Covid lows

time-read
1 min  |
February 27, 2025
Business Standard

SBI eyes ₹10 trn housing loan book by March '27

Having touched a housing loan book of ₹8 trillion, State Bank of India (SBI) the country's largest lender - now expects to grow its mortgage book to ₹10 trillion by March 2027.

time-read
2 Minuten  |
February 27, 2025
Business Standard

UK announces 17 new export, investment deals

The UK on Wednesday said its Trade Secretary Jonathan Reynolds and Investment Minister Poppy Gustafsson announced 17 new export and investment deals during their visits to India this week.

time-read
1 min  |
February 27, 2025
Business Standard

Rural India spending more time on learning activities

Both urban, rural saw a decline in learning time in 2024

time-read
1 min  |
February 27, 2025
Business Standard

Australia unveils $16 mn outlay to boost trade ties with India

The Australian Prime Minister Anthony Albanese on Wednesday unveiled a new road map to bolster economic ties with India, describing it as an attempt to find paths towards a better future for both sides.

time-read
1 min  |
February 27, 2025
Business Standard

Maha Kumbh ends with 650 mn attendees

The 45-day Maha Kumbh Mela, formerly known as Purna Kumbh, concluded in Prayagraj on Wednesday. Maha Kumbh began on January 13 on the occasion of Makar Sankranti.

time-read
1 min  |
February 27, 2025
Business Standard

Airfares to rise up to 1.5% if tariff proposal accepted: DIAL CEO

Ticket prices of passengers travelling to and from Delhi airport will rise by no more than 1.5 per cent if the Airports Economic Regulatory Authority (AERA) approves the tariff proposal submitted by Delhi International Airport Limited (DIAL), the latter's chief executive officer (CEO) Videh Kumar Jaipuriar said on Wednesday.

time-read
1 min  |
February 27, 2025
Business Standard

Navi Mumbai airport may open in April; domestic flights from May

The Navi Mumbai International Airport (NMIA) is expected to be inaugurated in the second week of April, with domestic commercial operations set to begin in May.

time-read
1 min  |
February 27, 2025
Business Standard

India hosts 2-day conference on women peacekeepers from 'Global South'

India hosted a two-day conference on women peacekeepers from the “Global South” in New Delhi earlier this week.

time-read
2 Minuten  |
February 27, 2025
Business Standard

NCLT sets March 12 deadline for RCap ownership transfer

The National Company Law Tribunal (NCLT) has directed lenders and the monitoring committee to resolve all procedural issues by March 12 for the ownership transfer of debt-ridden Reliance Capital (RCap) to IndusInd International Holdings Limited (IIHL).

time-read
1 min  |
February 27, 2025