MSP hiked for 6 Rabi crops

New Delhi: A day after Prime Minister Narendra Modi described the passage of two farm sector bills as a watershed moment in the history of Indian agriculture, the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Monday approved an increase in the Minimum Support Prices (MSPs) for all mandated Rabi crops for marketing season 2021-22.

This increase in MSP is in line with the recommendations of Swaminathan Commission, according to an official statement.

The highest increase in MSP has been announced for lentil (Rs 300 per quintal) followed by gram and rapeseed and mustard (Rs 225 per quintal each) and safflower (Rs 112 per quintal).

For barley and wheat, an increase of Rs 75 per quintal and Rs 50 per quintal respectively has been announced. Asianet Online