financetom
Economy
financetom
/
Economy
/
Congress slams government over issue of minimum support prices
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Congress slams government over issue of minimum support prices
Apr 25, 2019 1:00 AM

The Congress on Thursday slammed the Modi government over the issue of minimum support prices, alleging that farmers are getting 20 percent less than MSP.

Congress' chief spokesperson Randeep Surjewala, citing a media report, said the promise made in 2014 was to give the farmers an MSP 50 percent over the cost of production, but they are getting 20 percent less than the MSP.

"This is Modi Ji's injustice," he said.

Mandi prices of four major rabi crops were 4-20 percent below their MSPs since the winter harvesting began from April 1, the report said, citing official data.

The Congress has been attacking the government, alleging largescale farmer distress, a claim strongly rejected by the government.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
February Unemployment Rate Rises Only in Florida, Steady Elsewhere
February Unemployment Rate Rises Only in Florida, Steady Elsewhere
Mar 28, 2025
10:13 AM EDT, 03/28/2025 (MT Newswires) -- State-level data released by the Bureau of Labor Statistics Friday showed the unemployment rate rose in one state, Florida, in February and held steady elsewhere. The unemployment rate rose by 0.1 percentage point in Florida. South Dakota had the lowest rate at 1.9% while Nevada had the highest at 5.8%. The national unemployment...
U.S. equity funds see biggest weekly inflows since November
U.S. equity funds see biggest weekly inflows since November
Mar 28, 2025
(Reuters) - U.S. equity funds witnessed robust demand in the week through March 26 as signals of a more measured tariff approach from the Trump administration helped shift investor focus back to prospects of growth in corporate earnings. Investors acquired U.S. equity funds of a net $22.24 billion, the most for a week since November 13, following $33.53 billion worth...
March Michigan Consumer Sentiment Revised Lower From Preliminary Print, Down From February
March Michigan Consumer Sentiment Revised Lower From Preliminary Print, Down From February
Mar 28, 2025
10:16 AM EDT, 03/28/2025 (MT Newswires) -- The University of Michigan consumer sentiment index was revised lower Friday to a reading of 57.0 for March from the 57.9 print in the preliminary estimate, compared with expectations for no revision in a survey compiled by Bloomberg as of 7:45 am ET. That was further below the final reading of 64.7 in...
U.S. equity funds see biggest weekly inflows since November
U.S. equity funds see biggest weekly inflows since November
Mar 28, 2025
(Reuters) - U.S. equity funds witnessed robust demand in the week through March 26 as signals of a more measured tariff approach from the Trump administration helped shift investor focus back to prospects of growth in corporate earnings. Investors acquired U.S. equity funds of a net $22.24 billion, the most for a week since November 13, following $33.53 billion worth...
Copyright 2023-2026 - www.financetom.com All Rights Reserved