{"id":28573,"date":"2018-10-24T13:15:13","date_gmt":"2018-10-24T07:45:13","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28573"},"modified":"2018-10-24T13:15:13","modified_gmt":"2018-10-24T07:45:13","slug":"now-its-pms-word-on-kharif-msp","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/now-its-pms-word-on-kharif-msp\/","title":{"rendered":"Now, it\u2019s PM\u2019s word on kharif MSP"},"content":{"rendered":"

Now, it\u2019s PM\u2019s word on kharif MSP<\/a><\/p>\n

News:<\/u><\/strong><\/p>\n

    \n
  1. Prime Minister Narendra Modi\u2019s reassurance to farmers for Kharif crops.<\/li>\n<\/ol>\n

    Important facts:<\/u><\/strong><\/p>\n

    2.Mr Modi, gave assurance to farmer\u2019s that government will approve Minimum Support prices(MSP) at 150% of input costs for kharif crops.<\/p>\n

    3.Modi\u2019s assurance comes as farmer\u2019s group has started agitating on the lack of announcement on MSP rates.<\/p>\n

    4.He also assured farmers that the Fair and Remunerative Price (FRP) for sugar cane for the 2018-19 season would be announced soon.<\/p>\n

    5.The FRP will also incentivise farmers whose crops have a sugar recovery rate higher than 9.5%.<\/p>\n

    6.The MSPs act a price signal for farmers and usually announced in early June, when sowing begins.<\/p>\n

    7.With growing sugar mill\u2019s arrears to cane farmers, the government has approved following measures:<\/u><\/p>\n