Center approves hike in MSP for Kharif Crops in 2021-22.

On Wednesday (June 9), the agriculture minister Narendra Singh Tomar assured the farmers across the country, that they will continue receiving the Minimum Support Price (MSP) for their produce as the Union Cabinet approved the hike in MSP for several Kharif crops.

In a tweet, Tomar said, “MSP is there and will continue.” He added that the government is continuously announcing the MSP of Rabi and Kharif crops. “MSP is running, MSP is increasing and buying at MSP is also increasing.”

"No one should have any misconception about MSP. It's continuing and increasing. It will continue," Union Agriculture Minister, Narendra Singh Tomar said.

While announcing the Cabinet decisions during a media briefing, Tomar said that the MSP of paddy has been increased to Rs 1,940 per quintal in 2021-22 from Rs 1,868 per quintal in 2020-21. Similarly, the MSP for bajra, pulses and other crops have also been raised.

Prime minister Narendra Modi chaired Cabinet Committee on Economic Affairs (CCEA) earlier in the day and announced the approval of the increase in the MSP for all the Kharif crops ready to go to the market in the 2021-22 season.

In an official statement, CCEA said, “In the case of groundnut and niger seed, there has been an increase of Rs 275 per quintal and Rs 235 per quintal respectively in comparison to last year. The differential remuneration is aimed at encouraging crop diversification."

The announcement came in the backdrop of the ongoing farmer's protest which has been going on since last November against the three new farm laws at Delhi borders.

The farmers want all the three farm laws to be withdrawn fearing that it will lead to the end of the MSP system with the government has assured them that the MSP will continue.

0 views0 comments