India approves increase in minimum support price for Kharif crops
Published 2021년 6월 9일
Tridge summary
India's Cabinet Committee on Economic Affairs has approved an increase in the minimum support prices (MSPs) for all mandated kharif crops for the marketing season 2021-22. The highest absolute increase has been recommended for sesamum (Rs. 452 per quintal). There has also been a significant increase in the MSPs for tur, urad, groundnut, and nigerseed compared to the previous year. This increase is aimed at encouraging crop diversification.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
India’s Cabinet Committee on Economic Affairs has approved the increase in the minimum support prices (MSPs) for all mandated kharif crops for marketing season 2021-22, a government statement said. It said the highest absolute increase in MSP over the previous year has been recommended for sesamum (Rs. 452 per quintal) followed by tur and urad (Rs. 300 per quintal each). In case of groundnut and nigerseed, there has been an increase of Rs 275 per quintal and Rs 235 per quintal respectively in comparison ...
Source: Indoasiancommodities
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