HomeBUSINESSGovt hikes MSP for kharif crops, skews them toward scarce items

Govt hikes MSP for kharif crops, skews them toward scarce items

Govt hikes MSP for kharif crops, skews them toward scarce items. The union government has increased the minimum support price (MSP) for the spring, through the increase of 1.8% and 6.7%, in line with the desire to provide farmers with at least a 50% refund of the cost of the crops, the agriculture minister Narendra Singh Tomar said on Wednesday.

The new rate will be in the midst of the ongoing protests by the farmers, especially in Punjab, Haryana and Uttar Pradesh, which the government wants to scrap the three of agriculture of the laws passed in September of 2020, and provides legal support to small and Medium-sized businesses.

MSPs, it was announced on Wednesday, aims to drive the farmers away from the good grain intake by increasing the prices of oilseeds and pulses, which are produced and offers a relatively limited. For example, in India, the import of up to two-thirds of the vegetable oil in order to meet the domestic demand.

Tomar said that they have always said that there can be no doubt as to THE. THE system was, is, and will continue to be. According to him, the new rates will have to provide an income that is more than 50%, and 62% of the cost for generations to come.

MSPS are the federal stable and the lowest prices, the environment, agriculture, crop, which is designed to prevent the sale to the farmers, and have a basic interest rate of the specific merchant.

Govt hikes MSP for kharif crops, skews them toward scarce items
Govt hikes MSP for kharif crops, skews them toward scarce items

The minister said that the government had closed the door to negotiations with the protesters, the farmers ‘ union. “We are willing to talk to each other and work for the welfare of the farmers. We have held 11 rounds of talks. We have asked the farmers to select the specific claims of the law. It is in fact one of the leaders of the opposition in the house of (the house), which is the opposition of the farmers did not raise any specific objections, ” Tomar said.

Government is the major supply of grain to the farmers at THE rates, and then distribute them to the beneficiaries in between, by one state of the system for the supply of the subsidized rates. This is the first instance of the application by farmers of THE system.

Agricultural economist, Poe, KS Mani, a former professor at the Tamil Nadu agricultural university, ” he said, in general, agree with the differentiation of the prices of the food are among the rich and the poor, as the block. “Our main target is product diversification.

Among the most important crops are, MSP for paddy was increased from 1868 to 1940 and of other attractions, i.e. 3%. The rates of the coarse, and the grain jowars and bajras has been increased by ₹118, or ₹2738 and ₹ 2250, which is an increase of 21% and 5%, respectively. The prices for the office and the lenses have been greatly increased by 300 yen for a 6 to 300 yen per quint.

It is the highest growth rate as compared to the previous year was for the crop, which is THE raised 452 quintals to be at 7,307 quintals as compared with the 6,855 japanese yen.

The next largest increase was for the two lenses, the tur and urad, which is THE increase of ₹300 quintals of each. The price of nuts and prunes have the increased 27,275-per-other attractions and ₹235 per other attractions, respectively. Overall, the rates have increased by 62%.

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