Monday, June 21, 2021
Home Business Central government hikes MSP by 62% for kharif crops

Central government hikes MSP by 62% for kharif crops

In the cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday, it has been decided to increase the Minimum Support Price (MSP) of Kharif (summer-sown) crops from 50 to 62% for 2021-22. MSP is the rate at which the government procures food grains from the farmers. The highest absolute MSP hike over last year has been suggested for sesame (til) at Rs 452 per quintal. Whereas, Rs 300 per quintal has been recommended for tur and urad pulses. Informing about the decisions, Union Minister Prakash Javadekar said that the Union Cabinet has also approved 4G spectrum allocation of 5 MHz (MHZ) for the Railways.

Know more: ANI Twitter

Read more: Times Of India | News 18 | Hindustan Times

50% LikesVS
50% Dislikes

News Verification For Headline Auditors

If this seems like a news that is relevant to your industry. Would you like to verify the authenticity of the news?
Please Enter your Secret Key

We are building a board of industry expert to help us verify important news stories. If you would like to empanel yourself, please click here.

Report Post

Avantika Yadav
23, Content Editor @HeadlineEnglish @HeadlineHindi



Your opinion matters to us!

Get 500 Points For Review. Create Profile, Mention Profile Name In The Review Section. Get Points in 24 hours.

No, Thanks!


Note: Please create your profile so we can send the points to your account