MSP for Jute



MSP for Jute 

Government of India has fixed the Minimum Support Price (MSP) of TD-5 variety for Raw Jute at Rs.2400 per quintal for 2014-15 season. 


Minimum Support Price (MSP) is in the nature of a minimum price for the farmers offered by the Government for their produce in case the market prices fall below that level. If the market offers higher price than the MSP, the farmers are free to sell their produce at market price. Procurement under MSP is undertaken by the designated central agencies and State Governments. 

MSP operations are monitored by the Government. Directives are issued to the Procurement Agencies to keep track of market prices of Jute. In the event of market prices falling below the MSP level, the procurement machineries are pressed into operation to procure the quantities of Jute offered by farmers to ensure that farmers get MSP. 

Jute Corporation of India (JCI) is the price support agency of the Government of India for Jute. JCI purchases Raw Jute at MSP through its 171 Departmental Purchase Centres (DPCs). JCI also purchases the Raw Jute procured at about 40 centres operated by Cooperatives. 

This information was given today by the Minister of State for Agriculture, Shri Mohanbhai Kundaria in the Lok Sabha. 

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Revision of SDRF and NDRF Norms for Drought 

At present, there is no proposal to amend norms of State Disaster Response Fund (SDRF) & National Disaster Response Fund (NDRF). Revision of the list of items and norms of assistance under SDRF and NDRF is reviewed normally after the award of successive Finance Commissions. Taking into account various factors including inflations, Government has been revising items and norms of assistance under SDRF/NDRF from time to time, last being done on 28.11.2013. However, for longer horizon, the concerned State Government should draw a separate plan with concerned Central Ministries and State Plan etc. for mitigating the situation. Financial assistance under SDRF/NDRF in the wake of natural disasters is by way of assistance and is not for compensation of loss as suffered. 

This information was given today by the Minister of State for Agriculture, Shri Mohanbhai Kundaria in the Lok Sabha. 

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Honey Production 

There is no shortfall reported in honey production from honeybees in the country. However, the Government has taken the following steps to promote the production of honey/bee keeping by providing financial assistance under pollination support through beekeeping, a component of Mission for Integrated Development of Horticulture (MIDH). 

i) production of nucleus stock of honey bees, 

ii) production of honey bee colonies by bee breeders, 

iii) distribution of honeybee colonies & beehives, 

iv) distribution of a complete set of beekeeping equipments, including honey extractor, food grade plastic containers, honey extraction net, etc. 

v) various capacity building programmes i.e. trainings/seminars/workshops etc. 

In addition, Government has reconstituted the National Bee Board (NBB) for development of scientific beekeeping. 

This information was given today by the Minister of State for Agriculture, Shri Mohanbhai Kundaria in the Lok Sabha. 

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Drip Irrigation 

More area can be irrigated adopting Micro Irrigation including Drip Irrigation using less amount of water in comparison to area that can be irrigated adopting flow irrigation. Studies conducted on the aspect have revealed that (i) irrigated area has increased from same source of water by 8.41% on an average with the use of Micro Irrigation Systems and (ii) the water use efficiency in conventional irrigation ranges from 30% to 50% whereas it is 80% to 95% in the case of Micro Irrigation including Drip Irrigation. 

The initial investment in Micro Irrigation System including Drip Irrigation is more than flow irrigation. However, water saving, reduction in input costs (like labour, fertilizer, electricity etc), increase in productivity & qualities of produce, early maturity are the motivational factors which drive the farmers to opt for Micro Irrigation Systems. 

The Government is providing financial assistance under On Farm Water Management (OFWM) component of National Mission on Sustainable Agriculture (NMSA) for promotion of Micro Irrigation. The rate of assistance ranges from 35% to 50% of cost of installation for small & marginal farmers and ranges from 25% to 35% of cost of installation for other farmers. In addition to the central assistance, 10% assistance is required to be provided by the State Governments to the farmers. 

This information was given today by the Minister of State for Agriculture, Shri Mohanbhai Kundaria in the Lok Sabha. 

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Crop Insurance 


            To increase the coverage in terms of farmers/ area and also to create competition in Crop Insurance field, Government had decided to include private general insurance companies alongwith Agriculture Insurance Company of India Ltd. (AIC) for implementation of  National Crop Insurance Programme (NCIP).

              With a view to provide insurance coverage & financial support to the farmers in the event of failure of any of the notified crops as a result of non-preventable risks including natural calamities, pests & diseases, adverse weather conditions and to stabilize farm income, Government of India introduced Crop Insurance Schemes since 1985.  Improvement, in existing Crop Insurance Schemes to make the same attractive and farmers’ friendly with a view to extend the scope and coverage in terms of crop area, crops and risk is continuing process.  At present, about 65 crops are covered and more than 25% of cropped area is insured. 

               Ten private general insurance companies are empanelled for implementation of crop insurance schemes.  Details of    percentage   share of private insurance companies viz-a-viz AIC  during 2013-14 is as under : 

Company

Farmers Covered
Sum Insured (Rs. in lakhs)
Kharif 2013
Rabi 2013-14
Kharif 2013
Rabi 2013-14
AIC
77%
50%
85%
53%
Private Companies
23%
50%
15%
47%
This information was given today by the Minister of State for Agriculture, Shri Mohanbhai Kundaria in the Lok Sabha.

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MSP for Jute MSP for Jute Reviewed by Ajit Kumar on 6:36 AM Rating: 5

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