msp
Mandatory Wheat Stock Declaration For Traders From 1 April To Ensure Food Security
Food Government National News

Govt Increases Wheat Purchase Price By 7% To Boost Cultivation Area

India raised the price at which it buys locally produced new-season wheat by Rs 150 or 7 per cent to encourage farmers to expand the growing area as New Delhi tries to increase production. India, the world’s second-biggest wheat producer, sets a price each year to protect domestic farmers from distress sales and stock grain […]

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Sonalika Tractors' Sales Up 15% In FY24 On Strong Demand From Farmers
Companies News

Sonalika Tractors’ Sales Up 15% In FY24 On Strong Demand From Farmers

Sonalika Tractors reported its highest-ever quarter first overall sales of 40,700 tractors in financial year 2024. According to the company, the monsoon season has rapidly expanded its pace in major parts of the country, which is a healthy sign for farming and groundwater replenishment in India. Alongside this, various government subsidies and MSP support have […]

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Indian Wheat Prices Surge To Eight-Month High, Prompting Concerns
Food Government News

India’s Foodgrain Production Pipped To Record 330.5 Mn Tonnes

Over 830 lakh tonne paddy has been procured from farmers at Minimum Support Price (MSP) benefitting about 1.22 crore during the ongoing paddy procurement operations of marketing season 2022-23. Payments worth Rs 171,000 crore have so far been transferred directly into their accounts, an official release from the food ministry said Wednesday. Food Corporation of […]

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