login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Government Raises Kharif Crop MSPs for 2024-25, Enhancing Farmer Margins

19 Jun 2024 10:06 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
MUMBAI, 19 Jun (Commoditiescontrol): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved higher Minimum Support Prices (MSP) for all mandated Kharif crops for the 2024-25 marketing season. This decision aims to ensure remunerative prices for farmers. Notable increases include nigerseed by ₹983 per quintal, sesamum by ₹632 per quintal, and tur/arhar by ₹550 per quintal. The MSP hike aligns with the Union Budget 2018-19 announcement, ensuring at least 1.5 times the cost of production, benefiting farmers with margins up to 77% for certain crops.Revision in major pulses and oil seed are as under


Minimum Support Prices for all Kharif crops for Marketing Season 2024-25



This comprehensive increase across all crops is part of the government's commitment to support farmers and enhance agricultural productivity. For more details, visit the official press release.www.pib.gov.in/PressReleaseIframePage.aspx


(By Commoditiescontrol Bureau; +91 98201 3018)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Special Reports
Impact of Interim Budget 2024 on Indian Agriculture
more
Top 5 News
Weekly: ICE Sugar Futures Extend Weekly Fall As Global ...
Weekly: ICE Cotton Extends Week of Losses as US Dollar ...
Monsoon Revival Spurs Kharif Crop Sowing, Paddy and Pul...
IGC Report Forecast Rise in Global Rapeseed Production
Global Soybean Production Faces Downward Trend: IGC Rep...
Top 5 Market Commentary
Maharashtra Soybean Plant Prices 22 jul 2024
Gujarat State Area Covered During Kharif 2024 As on Dat...
Gujarat Kharif Pulses Sowing Down -8.69% - 22-Jul-24
Gujarat Kharif Grains Sowing Down -11.73% - 22-Jul-24
Gujarat Kharif Cotton Sowing Down -14.88% - 22-Jul-24
Copyright © CC Commodity Info Services LLP. All rights reserved.