Many big announcements were made in the Modi cabinet meeting held on Wednesday. On one hand, central employees were given the gift of 3 percent DA hike, while on the other hand, the government has also given a big Diwali gift to the farmers.
Actually, the minimum support price (MSP) of Rabi season crops has been increased by the Center. In this, the price of wheat crop has been increased by Rs 150 per quintal and mustard crop by Rs 300 per quintal.
Increase in MSP on these crops
In the cabinet meeting, it has also been decided to increase the MSP of Ravi crops, which is also a big Diwali gift for the farmers. According to the report, for the marketing season 2025-26, the government has fixed new minimum support price i.e. MSP for Ravi crops. Under this, the MSP of wheat has been increased by Rs 150 per quintal to Rs 2,425, which was Rs 2,275 per quintal till now. The MSP on mustard has been increased by Rs 300 per quintal and it has gone up from Rs 5,650 per quintal to Rs 5,950 per quintal. Similarly, it has been decided to increase the MSP of gram by Rs 210 per quintal and its new MSP has become Rs 5,650 per quintal, which was earlier Rs 5440 per quintal.
Apart from this, MSP on lentils has been increased by Rs 275 per quintal and it has been increased from Rs 6,425 to Rs 6,700 per quintal. MSP on safflower has been increased by Rs 140 and it has been increased from Rs 5,800 to Rs 5,940.
Related Articles:-
Bank of Baroda brings BOB FD Utsav for Super Senior Citizens, check other details
ICICI Bank credit card – New rules will be implemented from November 15
DA Hike 2024: Govt announces 4% Dearness Allowance hike of state government employees
