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Tag: Commission for Agricultural Costs and Prices (CACP)

Modi Govt Gives Historic Boost for Farmer’s Income

[New Delhi]Centre Gives Major Boost for Farmer’s Income
MSP of Ragi is raised by Rs.997 per quintal
MSP of Common Paddy is increased by Rs.200 per quintal
Giving a major boost for the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all kharif crops for 2018-19 Season.
The decision of the CCEA is a historic one as it redeems the promise of the pre-determined principle of fixing the MSPs at a level of at least 150 percent of the cost of production announced by the Union Budget for 2018-19. The Commission for Agricultural Costs and Prices (CACP) has recommended MSPs for all kharif crops broadly in line with the announced principle.