Govt Hikes Msp Of Rabi Crops

DA hike to MSP: Here's a list of key announcements by the Union Cabinet

The MSP increase is aimed at providing a safety net for farmers, amidst a "moderation" in inflation, while the DA hike is expected to benefit around 4.91 million employees and 6.48 million pensioners

Ahead of Diwali, Union Cabinet raises MSP for Rabi crops to support farmers

The highest MSP hike was given to Rapeseed and Mustard, with a rise of Rs 300 per quintal (from Rs 5,650 to Rs 5,950), followed by Lentil (Masur), which saw an increase of Rs 275 per quintal

Cabinet hikes DA by 4% for central govt employees; MSP hiked for 6 crops

The DA hike, effective from July 1, 2023, will lead to enhanced salaries for the month of November, along with arrears for the period from July to October

MSP hike of Rabi crops will further energise agriculture sector: PM Modi

Prime Minister Narendra Modi said on Tuesday the hike in the minimum support price of several Rabi crops will further energise the agriculture sector. The government on Tuesday hiked the minimum support price (MSP) of six Rabi crops by up to 9 per cent, with Rs 110 per quintal increase for wheat crop to boost domestic production and farmers' income. Wheat MSP has been raised by 5.45 per cent to Rs 2,125 per quintal from Rs 2,015 per quintal to encourage more area under the crop amid tight government stock position owing to low procurement, fall in production and higher exports. Modi noted that farmers are important partners in the country's development and said the government has approved increase in the MSPs of all essential Rabi crops, including wheat, lentils, and barley.

Shiromani Akali Dal won't be mute spectator to MSP tinkering: Sukhbir Badal

The Shiromani Akali Dal chief, however, added that he did not see any threat to the present MSP regime at this stage

Podcast: Cabinet's Diwali bonanza for PSU telcos, fuel retailers, others

Here's a quick look at key decisions taken by the Union Cabinet

Govt approves steep MSP hike, 50% profit over input cost for rabi crops

The hike in MSP for rabi crops will give additional returns of Rs 626.35 billion to farmers

MSP of rabi crops raised to keep food price inflation contained: Nomura

Wheat is the main rabi crop, sowing of which will begin from this month