India: Centre hikes kharif MSP, says open for talks with agitating farmers

Published 2021년 6월 9일

Tridge summary

The Indian government has increased the minimum support price (MSP) for summer crops for the 2021-22 marketing season. The MSP for paddy has been increased by Rs 72 per quintal, tur and urad by Rs 300 per quintal, jowar by 118 per quintal and ragi by Rs 82 per quintal. The Cabinet has approved the MSP of 14 kharif crops for the 2021-22 crop year, and farmers are expected to get 50-85% returns over their cost of production. The government is also open to talks with farmers protesting against agricultural reforms.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Government of India on Wednesday announced a hike in the minimum support price (MSP) for summer crops for the 2021-22 marketing season and also held the door open for talks with the farmers protesting against agricultural reforms. The Cabinet Committee on Economic Affairs (CCEA) increased the MSP for paddy by Rs 72 per quintal, tur and urad by Rs 300 per quintal, jowar by 118 per quintal and ragi by Rs 82 per quintal. The MSP on paddy (common variety) has been increased to Rs 1,940 per quintal for the 2021-22 crop year (July-June) from Rs 1,868 per quintal in previous year. Read more: Govt ready to talk to farmers on issues other than farm Bills: Tomar Similarly, MSP for jowar has been hiked to Rs 2,738 per quintal from the Rs 2,620 per quintal last year, while MSP for tur and urad has been fixed at Rs 6,300 per quintal as against Rs 6,000 of the previous year. In the case of groundnut and nigerseed, there has been an increase of Rs 275 per quintal and Rs 235 per quintal, ...

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