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

 

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

Paatal Lok 2: How did you feel playing the role of Hathiram Chaudhary, Jaideep Ahlawat revealed many secrets of Paatal Lok 2

Paatal Lok is one of the most loved crime thriller web series on Amazon Prime Video. The second p

Adil and his fellow doctors had received training in the forests of Kashmir; a new revelation in the Delhi bomb blast case.

The terrorists involved in the attack near Delhi's Red Fort, who were part of a sophisticated ter

Timing for bursting crackers on Diwali in Mumbai is fixed, know the BMC guidelines.

The increasing pollution in Mumbai has also become a matter of concern amidst the festival of Diw

'This is Modi's war...', US connects India with Russia-Ukraine war amid tariff war

Hours after US President Donald Trump imposed a massive 50 per cent tariff on India, his trade ad

Haryana Elections Result: Chitra Sarwara ahead of Anil Vij in Ambala, Gopal Kanda trailing

The counting of votes started at 90 seats in Haryana. Congress is far ahead in the trends. BJP's

Arvind Kejriwal: Congress wants FIR against Kejriwal, AAP retaliates - will discuss expelling him from 'India'

There is a lot of resentment among the leaders of the Aam Aadmi Party regarding Congress. Accordi

'Jana Nayagan' censor certificate controversy: Madras High Court single bench order overturned, suspense over the film's release continues.

Actor Vijay's film 'Jana Nayagan' is embroiled in controversy regarding its release. The matter r

Rajinikanth's Net Worth: Marriage hall worth 20 crores, car worth 16.5 crores...these are the most expensive things of superstar Rajinikanth

South superstar Rajinikanth will celebrate his birthday on December 12. Rajinikanth has seen a lo

Yashasvi Jaiswal was suddenly admitted to the hospital... RR suffers a setback just one day after the IPL 2026 auction.

Young Indian opener Yashasvi Jaiswal was immediately hospitalized after a Super League match of t

'BHARATPOL': Amit Shah launched the Bharatpol portal; which will help in better coordination between investigative agencies

Union Home Minister Amit Shah on Tuesday launched the Bharatpol portal developed by the CBI to cr

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