Monday, March 17, 2025

Creating liberating content

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens”

For 95 days, Máximo Napa Castro, 61, was alone and

WASHINGTON: A US judge Monday ordered Trump administration officials to

Related News

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images

For 95 days, Máximo Napa Castro, 61, was alone and lost at sea, praying to God and clinging to the hope that he would one day see his mother again.

WASHINGTON: A US judge Monday ordered Trump administration officials to explain whether the administration violated his order when they deported hundreds of Venezuelan gang members over the weekend and potentially

Ether may not hit a new record this year after all, according to Standard Chartered. The firm expects ether’s recent weakness to continue this year, and although it sees its

The mystery of Sudiksha Konanki’s disappearance is far from being resolved. Joshua Riibe, the 22-year-old Iowa man who was last seen with Sudiksha Konanki before her mysterious disappearance from the

NEW DELHI: The central government has directed the Delhi Traffic Police to enforce parking rules in the Central Vista area, particularly around the Patiala House Court and the Delhi high

Trending News

Foreign portfolio investors (FPIs) are on track for the worst-ever annual equity selloff in FY25 in rupee terms, driven by sustained outflows since October 2024. In the first two weeks

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting March 17, 2025) are HPCL and

MUMBAI: IndusInd Bank may have overstated its net interest income in preceding quarters, research reports by brokerage houses said. As a result, the lender will take a significant hit in

NEW DELHI: India has achieved self-sufficiency in solar module manufacturing. But the feat has rendered domestic producers of polysilicon, wafers and ingots – the building blocks for modules – vulnerable

New Delhi: India and New Zealand decided to relaunch negotiations for a free trade agreement on Saturday after a gap of 10 years, a move aimed at deepening economic ties

Mumbai: A host of global and domestic factors are expected to weigh on investors’ sentiment when Dalal Street opens for trading on Monday. The escalating global tariff war between the

Organic Farming: Parliamentary panel proposes minimum support price for organic crops, says MSP will incentivise transition to natural farming | India News

Word Count: 728 | Estimated Reading Time: 4 minutes


Parliamentary panel proposes minimum support price for organic crops, says MSP will incentivise transition to natural farming

NEW DELHI: A parliamentary panel has proposed the introduction of a minimum support price (MSP) for all organic crops, in addition to the existing practice of declaring MSP for traditional crops.
The standing committee on agriculture, in its report submitted to the Parliament last week, argued that the move would incentivise farmers to transition to organic farming, despite the challenges of lower yields in the initial years of conversion.
“Organic farming transition will help farmers move from chemical-intensive farming to natural farming on a large-scale,” said the 30-member panel, headed by Congress Lok Sabha MP Charanjit Singh Channi.
Referring to the suggestion of MSP for organic produce, the panel in its previous report in December last year recommended a legal guarantee for the procurement of crops at MSP, however, made it clear that the new suggestion should not undermine the broader MSP demand based on the Swaminathan (Committee) formula.
“Instead, the legal MSP framework should be expanded to include organic produce,” it said.
The panel, having opposition and ruling parties’ MPs from both Lok Sabha and Rajya Sabha as its members, believes that MSP for organic produce should be set higher than that for conventional crops to compensate for the drop in yield and the costs associated with the shift to organic farming.
It said farmers will only shift towards organic farming and diversified agriculture if they are convinced that the shift will allow for better economic prospects and benefits than the present form of agriculture.
In order to determine an appropriate MSP for organic produce, the panel suggested conducting extensive large-scale research studies, saying it would examine the costs associated with transitioning to organic farming and ensure that the MSP adequately reflects the financial support required for this shift, particularly in terms of decreased yields per hectare and increased quality of the produce.
Noting the shortcomings of the current support price mechanism for 23 traditional crops, which primarily considers production costs, the panel said the MSP for organic produce should take into consideration “not just production costs, but also the support necessary to enable farmers to successfully make the transition” from chemical-intensive farming to organic farming.
In an effort to give fillip to organic farming, it also strongly recommended a “separate budget” and “sufficient funding” to subsidise organic farming for its effective promotion for a larger goal of making available healthier foods and tackling the menace of soil and water contamination.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account