NEW DELHI: The Union Cupboard, chaired by Prime Minister Narendra Modi, on Wednesday authorised a rise within the Minimal Help Costs (MSP) for all mandated Rabi crops for the 2024-25 advertising season.
The federal government via its companies procures crops from farmers on the help worth.
The very best improve in MSP has been authorised for lentil (masur dal) at Rs 425 per quintal adopted by rapeseed and mustard at Rs 200 per quintal.
For wheat and safflower, a rise of Rs 150 per quintal every has been authorised.
For barley and gram, the MSP has been elevated by Rs 115 per quintal and Rs 105 per quintal respectively.
The revision in MSP for mandated Rabi crops, the federal government stated, is in step with the Union Funds 2018-19 announcement which mounted the MSP at a degree of at the very least 1.5 instances the typical price of manufacturing.
“This elevated MSP of Rabi crops will guarantee remunerative costs to the farmers and incentivise crop diversification,” an official launch stated.
India has three cropping seasons — Summer time, Kharif, and Rabi.
Crops which are sown throughout October and November and the produce harvested from January relying on maturity are Rabi. Crops sown throughout June-July and depending on monsoon rains are harvested in October-November are kharif. Crops produced between Rabi and Kharif are Summer time crops. (ANI)
The federal government via its companies procures crops from farmers on the help worth.
The very best improve in MSP has been authorised for lentil (masur dal) at Rs 425 per quintal adopted by rapeseed and mustard at Rs 200 per quintal.
For wheat and safflower, a rise of Rs 150 per quintal every has been authorised.
For barley and gram, the MSP has been elevated by Rs 115 per quintal and Rs 105 per quintal respectively.
The revision in MSP for mandated Rabi crops, the federal government stated, is in step with the Union Funds 2018-19 announcement which mounted the MSP at a degree of at the very least 1.5 instances the typical price of manufacturing.
“This elevated MSP of Rabi crops will guarantee remunerative costs to the farmers and incentivise crop diversification,” an official launch stated.
India has three cropping seasons — Summer time, Kharif, and Rabi.
Crops which are sown throughout October and November and the produce harvested from January relying on maturity are Rabi. Crops sown throughout June-July and depending on monsoon rains are harvested in October-November are kharif. Crops produced between Rabi and Kharif are Summer time crops. (ANI)
