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.
Diljit Dosanjh paid tribute to Ratan Tata in a live concert, and stopped the show midway.
Indian business tycoon Ratan Naval Tata has passed away at the age of 86. He breathed his last at
Showman Raj Kapoor's 100th birth anniversary is on 14 December. On this occasion, the Kapoor fami
Kangana: Kangana Ranaut called Hollywood stars 'jokers', commented on Donald Trump and Kamala Harris
Kangana Ranaut is known for her bold statements. Now Kangana has commented on Hollywood stars. Af
Vikrant Massey is currently in the news for his film 'The Sabarmati Report'. But, recently, peopl
ADGP Suicide: Postmortem of Puran Kumar's body begins, wife arrives at PGI with Chandigarh SSP
The post-mortem examination of the body of Haryana ADGP Y. Puran Kumar has begun. Chandigarh SSP
In perhaps the biggest action to date, one lakh square meters area of ​​the flow area of ​â
Whenever the fittest actor in the film industry is mentioned, Salman Khan's name is taken. Even a
US President Donald Trump said on Friday that Venezuela had offered Washington 50 million barrels
There was a stampede in the Sangam area of ​​Prayagraj on Tuesday night. Many people were inj
Australia's legendary opener David Warner's international cricket caree
