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

Political uproar over IGI Airport Terminal-1 accident, Kharge attacks Modi government; BJP gives a befitting reply

Due to heavy rains in the capital Delhi on Friday, a major accident occurred due to the collapse

Singham 3 vs Bhool Bhulaiyaa 3: Bhool Bhulaiyaa 3 won the first battle, the trailer was viewed so many crores times in 24 hours

Horror-comedy film Bhool Bhulaiyaa 3 starring Kartik Aaryan, Vidya Balan, Tripti Dimri, and Madhu

After Ravindra Jadeja's retirement, the Indian team may lack '3D', but these 3 players have the power to fill the place.

After the Indian team won the T20 World Cup 2024 title, the fans got one shock after another. Aft

Stree 2: Shraddha Kapoor reached the court of Shirdi Sai Baba, celebrated the success of 'Stree 2', took blessings

Shraddha Kapoor and Rajkummar Rao's 'Stree 2' is a sequel to the blockbuster horror comedy Stree,

Gurugram Bomb Threats: Ambience Mall received a bomb threat, police team reached the spot

After Delhi, now a threat to blow up a mall has been received through an email in Gurugram. The t

Manipur Violence: Three militants arrested in Manipur, police seized several weapons including Chinese hand grenades; search operation continues

Violence continues in Manipur. Meanwhile, the central government is holding meetings to stop this

Maharashtra New CM: After the first denial, where did he express it openly, is Shinde ready to be CM again?

The results of Maharashtra Assembly Elections 2024 came on Saturday (23 November), but the pictur

'Rahul Gandhi's words make no sense', Kangana Ranaut said- Congress wants to divide the country for its benefit

BJP MP from Mandi Kangana Ranaut (Kangana Ranaut attack Rahul Gandhi) today attacked the oppositi

Mahakumbh Stampede: 'VIP culture should end...' Rahul Gandhi's anger erupts on stampede; Akhilesh Yadav also gets angry at Yogi government

There was a stampede in the Sangam area of ​​Prayagraj on Tuesday night. Many people were inj

Justice Sanjeev Khanna will be the 51st CJI: Chief Justice Chandrachud recommended the name; has tenure of only 6 months, and will retire on May 13

Justice Sanjiv Khanna will be the 51st Chief Justice of the Supreme Court. CJI DY Chandrachud has

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