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Increase in MSP of kharif crops will empower farmers: PM Narendra Modi

Prime Minister Narendra Modi on Wednesday said the Union Cabinet decision to increase the minimum support price for kharif crops will empower crores of farmers.

A woman reaps wheat crops during the harvest season amid the nationwide COVID-19 lockdown, near Raispur village in Ghaziabad district of Uttar Pradesh

Representative image

Press Trust of India New Delhi

Prime Minister Narendra Modi on Wednesday said the Union Cabinet decision to increase the minimum support price for kharif crops will empower crores of farmers.

The government has taken an important decision in the interest of farmers, he said in a tweet.

The Centre on Wednesday hiked the minimum support price for kharif crops by 4-9 per cent for the 2022-23 crop year, with paddy MSP being raised by Rs 100 to Rs 2,040 per quintal, a move aimed at encouraging farmers to bring more area under cultivation and boost their income.

The Cabinet Committee on Economic Affairs (CCEA), chaired by PM Modi, approved the increase in MSPs for all 14 kharif (summer) crops for 2022-23 crop year.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jun 08 2022 | 9:12 PM IST

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