• search
For Quick Alerts
For Daily Alerts

Paddy minimum support price hiked by Rs 100; pulses by Rs.240 per quintal

By Super Admin

New Delhi, Aug.20 (ANI): The Government on Thursday announced a big increase in the minimum support price of the kharif crop.

The minimum support price (MSP) for the common variety of paddy has been hiked by 100 rupees per quintal, while for pulses, the MSP has been raised by 100 rupees per quintal.

Addressing reporters after a meeting of the Cabinet Committee on Economic Affairs, Home Minister P Chidambaram announced the hike in MSP of paddy, some pulses and sesame.

The Centre also allowed states to borrow up to an additional 21,000 crore rupees in the current fiscal to deal with the economic slowdown.

The new guidelines will enable states to borrow up to 4 per cent of their Gross State Domestic Product against 3.5 per cent earlier. (ANI)

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more