The central government has increased the maximum support price (MSP) on paddy by Rs 72 per quintal. This increased the MSP of paddy to Rs 1,940 per quintal for the financial year 2021-22. In the previous financial year, the MSP of paddy stood at Rs 1,868 per quintal. The Union Cabinet on Wednesday gave its approval to the proposal to increase the maximum support price. Union Agriculture Minister Narendra Singh Tomar gave this information on Wednesday. Several other decisions were also taken in the meeting of the Union Cabinet held under the chairmanship of Prime Minister Narendra Modi.
The Agriculture Minister said that the maximum support price for crops is being increased and it will be done in future also.
Modi government committed to doubling the income of farmers of the country.
The Cabinet Committee on Economic Affairs has approved the Minimum Support Price for all Kharif crops for the Kharif marketing season 2021-22.
Tomar tweeted and said, "In the last 7 years under the leadership of Prime Minister Narendra Modi, many such decisions were taken one after the other in the field of agriculture, which would increase the income of the farmer, attract the farmer towards expensive crops, in the farmer's house. May prosperity comes and farming becomes profitable.
He said that 'It is a revolutionary decision of the Modi government to fix the MSP at the level of 1.5 times the cost of production (or at least 50% profit on the cost of production).'
Tomar said that compared to last year's 372.23 lakh MT procurement, so far more than 416.95 lakh MT wheat has been procured, benefiting about 45.67 lakh farmers.
"Rs 82,347.39 crore has been transferred directly to farmers through DBT for procurement of wheat in Rabi Marketing Season 2020-21 (till 6th June 2021)," he said.
Tomar has said in a series of tweets, 'Rs 1,53,515.20 crore has been transferred directly to the farmers through DBT for the purchase of paddy in the Rabi marketing season 2020-21 (till 6th June 2021).
Smartphone brand Poco has launched its mid-range smartphone Poco F5 5G in India. This phone has b
A statement from America increased the beating of Pakistan, and China, then took India head-to-head
America has once again made it clear that if any country can help stop China in Asia, then it is
How Kolkata Knight Riders can reach IPL 2022 playoff, know what is the complete maths
Kolkata Knight Riders i.e. KKR had a good start in IPL 2022, but the team kept on losing in the m
Lock Upp: Ajaz Falah, who gave her heart to Prince Narula, said - married men have a different charm
There is a lot of ruckus in the lock-up show. Not only this, but it is also not known in the show
The Indian Army is training its soldiers in unarmed combat and mixed martial arts techniques so t
New Zealand vs Pakistan T20 world cup live score: Pakistan defeated New Zealand by 7 wickets in t
Narayan Murthy, co-founder of Indian IT company Infosys, has again reiterated the need to work 70
The three accused arrested in the Bulli bai app case have also been involved in the Sully Deals c
Allahabad High Court has refused to stay the arrest of IT company manager Manav Sharma's mother-i
In the first three months (January-March) of 2022 in the country, more than 14.55 billion transac
