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Business Standard
2 days ago
- Business
- Business Standard
How the dearness allowance case in West Bengal is coming to a head
After coming to power in 2011, the Trinamool Congress (TMC) government, under Chief Minister Mamata Banerjee, broke the DA parity with the central government, except for officers of All-India cadres Listen to This Article Dearness allowance (DA) is the extra money given to employees and pensioners to deal with rising prices. In India, with a humble beginning during World War I, DA for government employees has, since Independence, become a rule rather than an exception. In the West Bengal DA case, the country eagerly awaits the Supreme Court's pronouncement on whether DA is a fundamental right of government employees. A legal dispute on delays in payment of DA, festering since at least 2017 in the West Bengal Administrative Tribunal and High Court, has finally reached the Supreme Court in an appeal. The higher courts
United News of India
3 days ago
- Business
- United News of India
Cabinet approves hike in MSP for 14 Kharif crops
New Delhi, May 28 (UNI) The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved the increase in the Minimum Support Prices (MSP) for 14 Kharif crops for Marketing Season 2025-26. The government has increased the MSP of Kharif crops for Marketing Season 2025-26, to ensure remunerative prices to the growers for their produce, an official statement said. The highest absolute increase in MSP over the previous year has been recommended for nigerseed (Rs 820 per quintal) followed by ragi (Rs 596 per quintal), cotton (Rs 589 per quintal) and sesamum (Rs 579 per quintal). The increase in MSP for Kharif crops is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production. The expected margin to farmers over their cost of production are estimated to be highest in case of bajra (63%) followed by maize (59%), tur (59%) and urad (53%). For rest of the crops, margin to farmers over their cost of production is estimated to be at 50%. In the recent years, government has been promoting the cultivation of crops, other than cereals such as pulses and oilseeds, and nutri-cereals or Shree Anna, by offering a higher MSP for these crops. UNI RBE GNK 1632
New Indian Express
3 days ago
- Business
- New Indian Express
Government raises paddy MSP to Rs 2,369 per quintal for 2025-26
NEW DELHI: The government on Wednesday raised the Minimum Support Price (MSP) for paddy by 3 per cent to Rs 2,369 per quintal for the 2025-26 kharif marketing season. A decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. The support price for common and A grade varieties has been increased by Rs 69 per quintal to Rs 2,369 and Rs 2,389 per quintal, respectively, for the forthcoming kharif season of 2025-26 crop year (July-June). Among pulses, support price for tur has been raised by Rs 450 to Rs 8,000 per quintal, while that of urad MSP by Rs 400 to RS 7,800 per quintal and moong MSP by Rs 86 to Rs 8768 per quintal for 2025-26 kharif marketing season. The government has increased the MSP of Kharif crops for 2025-26, to ensure remunerative prices to the growers for their produce, Information and Broadcasting Minister Ashwini Vaishnaw told reporters. The highest absolute increase in MSP over the previous year has been recommended for nigerseed, followed by Ragi, Cotton, and Sesamum. The increase in kharif crops support price for 2025-26 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times the All-India weighted average cost of production.
Business Standard
3 days ago
- Business
- Business Standard
Government hikes MSP of kharif crops
The Cabinet Committee on Economic Affairs has approved the increase in the Minimum Support Prices (MSP) for 14 Kharif Crops for Marketing Season 2025-26. Government has increased the MSP of Kharif Crops for Marketing Season 2025-26, to ensure remunerative prices to the growers for their produce. The increase in MSP for Kharif Crops for Marketing Season 2025-26 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production, The expected margin to farmers over their cost of production are estimated to be highest in case of bajra (63%) followed by maize (59%), tur (59%) and urad (53%). For rest of the crops, margin to farmers over their cost of production is estimated to be at 50%. The support price for common and A grade varieties of Paddy has been increased by Rs 69 per quintal to Rs 2,369 and Rs 2,389 per quintal, respectively. For Jowar (Hybrid), the price has been upped by Rs 328 per quintal to Rs 3699 per quintal. For Maize, it is up by Rs 175 per quintal to Rs 2400 per quintal. In pulses, support price for Tur has been raised by Rs 450 to Rs 8,000 per quintal, while MSP of Urad is up Rs 400 to RS 7,800 per quintal and moong MSP by Rs 86 to Rs 8768 per quintal. For Moong, it is up Rs 86 per quintal to Rs 8768 per quintal. For Oilseeds, Groundnut MSP is up Rs 480 per quintal to Rs 7263 per quintal. Soybean (Yellow) MSP is up Rs 436 per quintal to Rs 5328 per quintal.
NDTV
3 days ago
- Business
- NDTV
Government Hikes Paddy MSP By 3% To Rs 2,369 Per Quintal For 2025-26
New Delhi: The government on Wednesday raised the Minimum Support Price (MSP) for paddy by 3 per cent to Rs 2,369 per quintal for the 2025-26 kharif marketing season. A decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. The support price for common and A grade varieties has been increased by Rs 69 per quintal to Rs 2,369 and Rs 2,389 per quintal, respectively, for the forthcoming kharif season of 2025-26 crop year (July-June). Among pulses, support price for tur has been raised by Rs 450 to Rs 8,000 per quintal, while that of urad MSP by Rs 400 to RS 7,800 per quintal and moong MSP by Rs 86 to Rs 8768 per quintal for 2025-26 kharif marketing season. The government has increased the MSP of Kharif crops for 2025-26, to ensure remunerative prices to the growers for their produce, Information and Broadcasting Minister Ashwini Vaishnaw told reporters. The highest absolute increase in MSP over the previous year has been recommended for nigerseed, followed by Ragi, Cotton, and Sesamum. The increase in kharif crops support price for 2025-26 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times the All-India weighted average cost of production.
