In the midst of the Corona crisis, there is great news for farmers. The good news comes from a meeting of the Union Cabinet chaired by Modi yesterday. In this meeting, the minimum support price for 14 crops of Kharif season has been fixed, which has been increased as compared to last year.
The cabinet has fixed MSP of Paddy at Rs 1868, Jowar at Rs 2620, Millet at Rs 2150 per quintal. Besides, MSP of Maize has been fixed at Rs 1850, Peanut Rs 5275, Sunflower Rs 5885, Soybean at Rs 3880 and Cotton’s medium fiber yield at Rs 5515 and long fiber yield at Rs 5825 per quintal.
Significantly, the Commission for Agricultural Costs and Prices (CACP), in its report presented before the Union Cabinet recently, recommended raising the support price of 17 kharif crops. Now the Union Cabinet has increased the minimum support price for 14 crops of the Kharif season keeping these recommendations of the CACP.
Source: Zee Business
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