msp Archives - BW Retail World

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

by BW Retail World Bureau
July 4, 2023

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 […]

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 […]