Cabinet approves MSP for Rabi crops for marketing season 2025-26

October 16, 2024 3:54 PM

Cabinet approves MSP for Rabi crops for marketing season 2025-26

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for the Marketing Season 2025-26. The government has increased the MSP of Rabi Crops to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been announced for rapeseed & mustard at Rs 300 per quintal followed by lentil (masur) at Rs 275 per quintal. The decision w...

Cabinet approves MSP for 14 Kharif season crops, farmers to get Rs 35,000 crore more over previous season

September 16, 2024 6:17 PM

Cabinet approves MSP for 14 Kharif season crops, farmers to get Rs 35,000 crore more over previous season

The Union Cabinet on Wednesday approved an increase in the Minimum Support Price (MSP) for 14 Kharif crops, including paddy, ragi, bajra, jowar, maize, and cotton. The decision will have a financial implication of Rs 2 lakh crore for the government while ensuring a gain of Rs 35,000 crore for farmers over the previous season. Addressing the media after the Cabinet meeting, Information and Broadcasting Minister Ashwini Vaishnaw underscored the significance of Prime Minister Narendra Modi's third...