Govt to announce 1.5 times of MSP on farmers' investment: PM Modi

Last Updated: Jun 20 2018 | 1:06 PM IST

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New Delhi/Jhabua (Madhya Pradesh)/Ramanagara (Karnataka)/Solapur (Maharashtra)/Angul (Odisha), Jun 20 (ANI): Prime Minister Narendra Modi on Wednesday said that the government will announce Minimum Support Price (MSP) to be 1.5 times of farmers' investment. While interacting with farmers across the country he said, "Our government is continuously making efforts to take along farmers. For this purpose the government has put emphasis on four points: how will the investment by farmers on raw materials will be lessened, farmers get fair price of his produce, the wastage of farmers' produce should be stopped, fourthly farmers should have farming alternatives. Out government will announce MSP to be 1.5 times of farmers' investment."