Modi government increased the MSP of paddy, know at what rate the government will buy paddy in 2021-22


Posted on 9th Jun 2021 04:19 pm by rohit kumar

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.

 

Did you know?Explore Trending and Topic pages for more stories like this.

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).

2 Like 0 Dislike
Previous news Next news
Other news

IPO: Investors lost up to 69 percent due to 12 IPOs, issues like Paytm, Policybazaar, and Zomato suffered more losses

With the fall of the stock market, now the shares of companies that brought IPO have also come. T

Lok Sabha Speaker: Who has the strongest position in the Lok Sabha Speaker election? Understand the complete maths before voting

There was no consensus between the government and the opposition on Tuesday for the post of Lok S

Relief Amidst Scorching Heat: Strong Winds and Drizzle Persist in Delhi-NCR Since Last Night; Rain and Storm Alert Issued for 13 States.

There is welcome news for the people of Northwest India, who have been enduring the brunt of seve

Sterilization is the only solution, not shelter homes... Strictness on dog feeding: important points of the Supreme Court's order in the case of stray dogs

The Supreme Court has overturned the decision to send dogs to shelter homes. The apex court overt

'We followed the ideals of Hanuman ji', said Rajnath Singh after Operation Sindoor - we killed those who killed innocent people.

Defence Minister Rajnath Singh has given a befitting reply to Pakistan during an address. Speakin

Shopian Encounter: Two terrorists killed in Shopian encounter, terrorist Adil killed poor laborer in Pulwama

Two terrorists were gunned down by the security forces in the Drgad area of ​​Shopian within

Air India Plane Crash: The Government formed a high-level committee, first meeting will be held today; Big responsibility given to AAIB

The first meeting of the high-level committee formed by the Central Government to investigate the

Attention 18 to 59 years old: Get a booster dose of corona for free, understand where and how; If you are late you will not get free service

People in the age group of 18 to 59 years can get a booster dose of corona for free. The country

Parliament Budget Session 2022: Petrol and diesel prices increased again, there is a possibility of uproar in Parliament even today

The echo of rising inflation in the country is also being heard in Parliament. On Monday, there w

World Water Day: '26 percent people in the world are unable to get drinking water, read what the UN report says

On the occasion of World Water Day, the United Nations (UN) released a report. In this report rel

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