Click it and Unblock the Notifications
Just In
Don't Miss
-
Main Ladega, Mary Kom, Toofan - 5 Bollywood Boxing Dramas You Need To Watch -
1:5 Stock Split: PSU Bank Fixes Record Date For First Ever Stock Split; Buy For Rs 650-680 Targets -
T20 World Cup: 'He will definitely be in my list' - Anjum Chopra handpicks 2 wicketkeeper-batters for India squad -
Tata Motors To Manufacture Jaguar Land Rover Cars In Billion Dollar TN Plant - Report -
OnePlus Ace 3 Pro Leak Hints at New Design; Expected Launch, Specifications We Know So Far -
Summer Fashion: Your Bollywood Style White Outfits Guide To Keep It Cool And Chic -
Journey From Delhi To Ooty: Top Transport Options And Attractions -
IIIT-Bangalore Introduces PG Diploma In Digital Product Design And Management
Wheat MSP hiked by Rs 115/qtl, pulses by up to Rs 700
The decision to raise MSP of wheat and other rabi crops was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA).
MSP for wheat had stood at Rs 1,170 per quintal in the 2011-12 marketing year (April-June).
The CCEA also approved increase in the MSP of pulses by up to Rs 700 per quintal to boost production as the country is dependent on imports to meet domestic demands.
The
government
has
raised
the
MSP
of
for
both
gram
and
masur
at
Rs
2,800
per
quintal,
a
jump
of
Rs
700
and
Rs
550
a
quintal,
respectively,
for
the
2012-13
marketing
season.
The
support
price
for
mustard
seed
and
safflower
has
been
increased
to
Rs
2,500
per
quintal
each,
up
by
Rs
650
and
Rs
700
per
quintal,
respectively.
The
hike
in
MSP
is
based
on
the
recommendations
of
the
Commission
for
Agricultural
Costs
and
Prices
(CACP).
The
sowing
of
rabi
crops
such
as
wheat
commenced
this
month.
These
crops
are
to
be
harvested
in
April,
2012.
PTI
