Amid protests, Centre hikes minimum support price for rabi crops
3 years, 3 months ago

Amid protests, Centre hikes minimum support price for rabi crops

The Hindu  

The Centre has increased the minimum support price for wheat for the upcoming rabi season to ₹2,015 per quintal, a 2% hike from the ₹1,975 per quintal rate of last year. Rapeseed and mustard farmers, who saw MSP rise 8.6%, or ₹400 per quintal, to a rate of ₹5,050 per quintal can also expect 100% returns. Masoor dal also saw a ₹400 per quintal hike, which means MSP for the lentil will be 7.8% higher than last year, with 79% returns over the cost of production. Mr. Tomar said the government had decided to fix the MSPs of all kharif and rabi crops at least 1.5 times more than their production cost and this has helped in enhancing the farmers’ income.

History of this topic

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