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Cabinet OKs hike in MSP for all Kharif crops of 2019-20 season
National

Cabinet OKs hike in MSP for all Kharif crops of 2019-20 season

Agency News

New Delhi, Jul 3: In a major boost to the farmers' income, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the increase in Minimum Support Prices (MSPs) for all Kharif crops for 2019-20 season.

Briefing about the Cabinet meeting decisions here, Union Agriculture Minister Narendra Singh Tomar and Union Information & Broadcasting Minister Prakash Javadekar said MSP of paddy has been increased by Rs 65 per quintal, Jowar by Rs 120 pe quintal and Ragi by Rs 253 per quintal.

The move will lead to increased investment and production through assured remunerative prices to the farmers, they said. (UNI)