The central government has approved the minimum support price (MSP) for 14 Kharif crops. With this decision, farmers will get a fair price for their crops and their income will increase. The price of paddy has been increased by Rs 117 per quintal and the price of moong has been increased by Rs 124 per quintal. With the increase in MSP, farmers will get a fair price for their crops and their income will increase.
The MSP for cotton has been fixed at Rs 7121, which has increased by Rs 501. MSPs have also been increased for ragi, maize, moong, toor, urad and peanut oil. Union Minister Ashwini Vaishnav said that two lakh new godowns are being built. The government is focusing on farmers and working for the development of the economy.
According to Union Minister Ashwini Vaishnav, farmer welfare will be given priority in the third term of Prime Minister Modi. He said that the Cabinet has approved the MSP of 14 crops for farmers in the Kharif season, which should be at least 1.5 times more than the cost price.
Cabinet approves Minimum Support Prices (MSP) for Kharif Crops for Marketing Season 2024-25
In the 2018-19 Union Budget, the Government of India had taken a policy decision of fixing the MSP at a level of at least 1.5 times the All-India weighted average cost of production
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There has been an increase in these
The government has increased the minimum support price (MSP) of Kharif crops. The MSP of jowar, paddy, millet, ragi, maize, tur, moong, urad, groundnut, sunflower, soybean and sesame has been increased. Now the MSP of jowar has become Rs 3371, paddy Rs 2300, millet Rs 3625, ragi Rs 4290, maize Rs 2225, tur Rs 7550, moong Rs 8682, urad Rs 7400, groundnut Rs 6783, sunflower Rs 7280, soybean Rs 4892 and sesame Rs 9267.
Work for farmers as soon as he became PM
Prime Minister Narendra Modi On the third day after taking oath as the PM, he signed the file related to the release of Kisan Samman Nidhi. After which on June 18, the PM released the 17th installment of PM Kisan Yojana from Varanasi, UP.
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