Product Country
Increase Font Size Decrease Font Size
Menu
Market News
 
Cabinet approves 4-5% increase in MSP of several kharif crops.
Jun 10, 2021

The Union cabinet on Wednesday approved an increase in the minimum support price (MSP) of several kharif crops, in line with the Centre’s efforts to allay fears over the contentious farm laws.
 
MSPs for crops such as paddy, cotton, jowar, bajra, maize, groundnut, and soyabean have been increased by 4-5% from the rates last year.
 
'As per the MSP policy announced by Prime Minister Narendra Modi, farmers are certainly benefitting greatly from the scheme,' agriculture minister Narendra Singh Tomar said at a press briefing.
    

The Economic Times

Archive