Farmers will get Rs 2.37 lakh crore of MSP

Farmers will get Rs 2.37 lakh crore of MSP

The budget for the year 2022 was presented by Finance Minister Nirmala Sitharaman in Parliament on Tuesday. In this budget, many announcements were made by him for the agriculture sector.

During this, Sitharaman said that “natural farming will be encouraged, in addition, PPP model will start to make farmers hi-tech. MSP of Rs 2.37 lakh crore will be directly transferred to the accounts of farmers. Farmers willing to adopt agroforestry” will be provided financial assistance.”

He further said that “Procurement of Wheat in Rabi Season 2021-22 and Paddy in Kharif Season 2021-22 will cover 1208 Lakh Metric Tonnes of Wheat and Paddy from 163 Lakh Farmers and Rs 2.37 Lakh Crore as direct payment of their MSP Price. payment will take place.

Source: Dainik Jagran

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