Read more about Centre s MSP hike deceit , not enough for farmers to recover cost: Cong on Business Standard. The Congress on Thursday termed the Centre s decision to increase the minimum support price (MSP) for kharif crops "deceit"
The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi, increased the MSP of paddy marginally by Rs 72 per quintal to Rs 1,940 per quintal for the 2021-22 crop year
Government has hiked minimum support price for major kharif crops
Keen to up the tempo on agricultural reforms, mindful of the farmers agitation over the contentious farm laws and the controversial minimum support price (MSP) issue, the Union Cabinet on Wednesday cleared the increase in support price for kharif crops for the 2021-22 season.
The MSP for major crops like sesamum, tur and urad have been hiked, with the Minister for Agriculture Narendra Singh Tomar saying that in case of sesamum, there has been the highest absolute increase of price at Rs 452 per quintal, followed by tur and urad. MSP for both have been fixed at Rs 300 per quintal.
Protesting farmers would accept nothing less than a complete withdrawal of the three reforms, aimed broadly at creating a private market for farm produce, fearing that state support and procurement would end and they’d be bullied by big companies