New Delhi : The Modi government at the Center has given a big gift to the farmers of the country. The government has decided to increase the minimum support price on paddy in the decision of the Union Cabinet chaired by Prime Minister Narendra Modi. The government has -040 crop year Minimum Support Price (MSP) of Paddy for (July-June) 183 increased to Rs.2, has announced to Rs per quintal. The purpose of this step is to encourage farmers to cultivate paddy and increase their income.

According to a report in news agency Bhasha, in the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday -040 Minimum Support Price (MSP) of all Kharif (summer) crops for the crop year of The extension was approved. Food and Consumer Affairs Minister Piyush Goyal told the media after the CCEA meeting that in the agriculture sector, we fix the MSP in a time-bound manner based on the recommendations of the Commission for Agricultural Costs and Prices (CACP). This year the MSP has been increased more than in previous years.

Farmers will benefit

Union Minister Piyush Goyal said that at a time when retail inflation Coming down, the increase in MSP will benefit the farmers. He said that the MSP of common grade paddy 183 has been increased to Rs.2,12 has been increased from Rs.2,183 to Rs. per quintal. MSP of ‘A’ grade paddy 183 increased to Rs.2,755 per quintal has been Rs. Maximum . 4 percent increase in minimum support price has been done in moong. The MSP of Moong has now become Rs.8, 183 per quintal. Last year it was Rs.7,755 per quintal.

Monsoon expected to be normal in June-September

According to the report, paddy is the main kharif crop and its sowing usually starts with the onset of southwest monsoon. The Indian Meteorological Department estimates that the monsoon will be normal during June-September this year despite the El Nino effect.