Decision to hike MSP will benefit crores of farmers, says PM Modi
India TV NewsPrime Minister Narendra Modi on Monday hailed the decision of hike in the Minimum Support Price of six rabi crops including wheat and gram as "historic", saying it will empower farmers and contribute to doubling of their income. In line with our ethos of taking farmer-friendly measures, the Cabinet has taken another historic decision to raise the MSP, he said, adding that crores of farmers will benefit from this. The government on Monday hiked the minimum support price for buying six rabi crops, including wheat, by up to six per cent, as it sought to send a strong message to farmers on continuation of the MSP-based procurement system. The MSP of wheat, the biggest crop of rabi season, has been hiked by Rs 50 to Rs 1,975 per quintal, Agriculture Minister Narendra Singh Tomar said in Lok Sabha.