Modi Cabinet Decisions: Modi government's gift to farmers, MSP approved for 14 Kharif crops; PM said this big thing


Posted on 20th Jun 2024 11:39 am by rohit kumar

Farmers are the priority of the central government. The Union Cabinet took an important decision on Wednesday and increased the minimum support price (MSP) on 14 crops of the Kharif season. The third NDA government led by Prime Minister Narendra Modi had released more than Rs 3 lakh crore of its first decision PM Kisan Samman Nidhi a day earlier. It also includes crops like paddy, cotton, and pulses.

 

The government fixes MSP every year

 

Did you know?Explore Trending and Topic pages for more stories like this.

The government fixes MSP every year to get farmers a fair price for their produce. New MSP rates have been released for 2024-25. After the cabinet meeting on Wednesday, Union Information and Broadcasting Minister Ashwini Vaishnav said that the MSP of paddy has been increased by Rs 117 per quintal. Now farmers can sell their paddy at the rate of Rs 2300 per quintal. Two lakh crore rupees will be spent on the new MSP.

 

The decision to build two lakh new warehouses

This will be Rs 35 thousand crore more than the last crop season. Compared to 2004-14, more procurement was done on every crop during Modi's tenure. Concerned about the safety of the produce, the government has decided to build two lakh new warehouses at the panchayat level. Vaishnav said that the highest increase in MSP has been recommended for oilseeds and pulses as compared to last year. The MSP of paddy crops has been increased by Rs 117.

 

"Information and Broadcasting Minister Ashwini Vaishnav said that the government has taken care of 'seed to market' keeping in mind the concerns of the farmers. In the first two terms, the government created a strong base for the economy and the welfare of farmers. On that strong base, we can take a good leap. This is continuity in policy while focusing on farmers."

 

A total of 23 crops are included in the scope of MSP

The new MSP of cotton will be Rs 7,121. The MSP of another variety of this will be Rs 7,521. This is Rs 501 more than before. Sesame has been fixed at Rs 632 per quintal and tur dal at Rs 550 per quintal. MSP is the fixed price which is approximately one and a half times more than the cost of the produce to the farmers. On the recommendation of the Commission for Agricultural Cost and Prices, both the Central and State Governments decide it after discussion. Currently, a total of 23 crops have been included in the scope of MSP.

1 Like 0 Dislike
Previous news Next news
Other news

TMC MP called Union Minister Shivraj Singh Chouhan a 'broker', BJP said- apologies

Trinamool Congress MP Kailash Banerjee on Tuesday accused Agriculture and Rural Development Minis

Vivo Pad 5c Launched: 12GB RAM, 10,000mAh Battery and Laptop-Like Experience; Check Price & Specs

Vivo has officially launched its latest premium tablet, the Vivo Pad 5c, in China. Designed for g

Vijay Rashmika Wedding: The wedding stage is set; Vijay and Rashmika will become life partners in just a few hours.

Fans' most beloved couple, "Virosh" Vijay Deverakonda and national crush Rashmika Mandanna, will

Will something big happen next? The BCCI has called a surprise meeting ahead of the second ODI, with Gautam Gambhir and Ajit Agarkar expected to attend.

The South African cricket team is currently on a tour of India. The two teams are playing a one-d

Maharashtra Election 2024: Who has the upper hand in a direct contest between BJP and Congress in Maharashtra? Know the condition of NCP and Shiv Sena.

Before the results of the Maharashtra assembly elections are out, many exit polls have given indi

India exposed Pakistan's lies in front of Muslim countries, Shrikant Shinde said- we exposed it with evidence.

Pakistani propaganda has been exposed among the member countries of OIC. After Operation Sindoor,

Mahakumbh: 'Run as many trains from Prayagraj as needed', Railway Minister's instructions after a stampede in Mahakumbh

After the stampede in Prayagraj during the Mahakumbh, Railway Minister Ashwini Vaishnav reviewed

Sidhu-Gambhir Dance: 'Sauda Khara-Khara', coach Gambhir did Bhangra with Sidhu in celebration of victory.

India won the title by defeating New Zealand in the final of the Champions Trophy 2025. After thi

Turkey Boycott: India attacked with 'trade and travel', how much loss will Turkey suffer? Read the details here

A situation of war had arisen between India and Pakistan in the past few days. Both countries wer

Sara Arjun, who arrived to watch the match, fell victim to the crowd; acting as a 'stalwart,' her father protected her in this manner—video goes viral.

Sara Arjun—known for her role as Yelina in Dhurandhar—found herself in a tricky situa

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash