New Delhi [India], After the Cabinet on Wednesday approved the minimum support price (MSP) for 14 kharif crops, Madhya Pradesh Chief Minister Mohan Kumar Yadav called it an example of Prime Minister Narendra Modi's action matching his words. Eats.
"Today the Cabinet has approved MSP for at least 14 Kharif crops, we would never have thought that the new MSP of paddy will be Rs 23 per quintal. This is an example of what PM Modi would have said," the Chief Minister told ANI. They do that." Wednesday.
"The new MSP of cotton is Rs 7,121 per quintal. This is Rs 501 more than the previous MSP," he said.
Earlier on Wednesday, the Union Cabinet chaired by PM Modi approved an increase in the minimum support price (MSP) for all essential kharif crops for the marketing season 2024-25.
The MSP for 14 kharif season crops including paddy, ragi, millet, jowar, maize and cotton will have a financial impact of Rs 2 lakh crore on the government and a benefit of Rs 35,000 crore to farmers compared to the previous season.
The government has increased the MSP of Kharif crops for the marketing season 2024-25 to ensure remunerative prices to producers for their produce. The highest increase in MSP compared to last year has been recommended for oilseeds and pulses. According to a release from the Ministry of Agriculture and Farmers Welfare, Niger seed (Rs. 983/- per quintal) is followed by sesame (Rs. 632/- per quintal) and tur/arhar (Rs. 550/- per quintal).
"Today the Cabinet has approved MSP for at least 14 Kharif crops, we would never have thought that the new MSP of paddy will be Rs 23 per quintal. This is an example of what PM Modi would have said," the Chief Minister told ANI. They do that." Wednesday.
"The new MSP of cotton is Rs 7,121 per quintal. This is Rs 501 more than the previous MSP," he said.
Earlier on Wednesday, the Union Cabinet chaired by PM Modi approved an increase in the minimum support price (MSP) for all essential kharif crops for the marketing season 2024-25.
The MSP for 14 kharif season crops including paddy, ragi, millet, jowar, maize and cotton will have a financial impact of Rs 2 lakh crore on the government and a benefit of Rs 35,000 crore to farmers compared to the previous season.
The government has increased the MSP of Kharif crops for the marketing season 2024-25 to ensure remunerative prices to producers for their produce. The highest increase in MSP compared to last year has been recommended for oilseeds and pulses. According to a release from the Ministry of Agriculture and Farmers Welfare, Niger seed (Rs. 983/- per quintal) is followed by sesame (Rs. 632/- per quintal) and tur/arhar (Rs. 550/- per quintal).
