Policy● Neutral for Indian equities
Farmers' body SKM says hike in MSP for rabi crops an 'insult'; calls for agitation across villages
The brief
- Wheat MSP hike amounts to 25 paise per kg, SKM said
- SKM called for agitation across villages and disputed the claimed 106% return on new MSPs
- India weighs lower pulse import duties to curb food inflation
- India steps up palm oil buying after import-duty cut spurs restocking
- Erratic monsoon cuts rice yields and threatens rural incomes and spending
- G20 trade ministers agree to oppose weaponisation of food
- Pulses import duties may ease over poor rains