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Central government’s big decision regarding MSP, increase to Rs 2300 per quintal

Sarojini Bishi

New Delhi: Central government’s big decision regarding MSP. The central government increased the minimum subsidy amount of rice. Center’s decision to increase the quintal of rice to 2300 rupees. It has increased by 117 rupees compared to the previous year. Similarly, Mugar MSP will be Rs 8682 per quintal which is Rs 124 more than last year. Minister Ashwini Vaishnav informed about this decision of the Central Cabinet.

After the decision of the cabinet, Ashnini Vaishnav informed that the minimum support price has been approved for 14 kharif crops including paddy, ragi, millet, bajra, maize and cotton. Paddy has increased to Rs 2300 per quintal while Mugar MSP has increased to Rs 8682 per quintal. Similarly, the MSP on sunflower seeds has been increased by Rs 983 per quintal, while the MSP on safflower has been increased by Rs 632 per quintal, the MSP on lentils and pulses by Rs 550 per quintal and the MSP on cotton by Rs 551 per quintal.

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