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).
Comment on Prophet: 1 crore reward for cutting off Nupur Sharma's tongue, Bhim Army announced
The issue of objectionable remarks by former BJP spokesperson Nupur Sharma on Prophet Mohammad is
Afghanistan: Is the Taliban repeating the regime of two decades ago?
Dressed in a long white gown, the inspector (inspector) of Afghanistan's Ministry of Religious Af
India Weather Update: Due to heavy rains and floods in many parts of the country, life is disturb
Ajit Pawar's rebellion in Maharashtra has disturbed the political equations of the opposition. Wh
In Qatar's capital Doha, apartment blocks of thousands of foreign workers living in the same area
The havoc of corona infection is not decreasing in the country. The ever-increasing cases of coro
Haris Rauf criticized the critics after losing the second T20 match to New Zealand. Pakistani fan
IND vs WI: Captain Rohit Sharma got to rest, gave 'knowledge' to the entire team after the match
Team India won the five-match T20 International series 4-1 against West Indies. Captain Rohit Sha
Sakoli constituency is a famous assembly constituency of Bhandara district. State Congress Presid
The last Test of the ongoing five-match Test series between India and England (Ind vs Eng 5th Tes
