The hiked in the minimum support price for wheat by ₹110 per quintal.

The hiked in the minimum support price for mustard by ₹400 per quintal.

According to an official release, the CCEA has approved an increase in MSP s for six rabi crops for the 2022-23 crop year (July-June) and the 2023-24 marketing season.

The decision to increase the MSPs (minimum support prices) was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.

The MSP for wheat was increased from Rs 2015 per quintal in 2022-23 to Rs 2125 per quintal for 2023-24. The average cost of production for the upcoming RMS is estimated at Rs 1065 per quintal, thus reflecting a return of 100 per cent on cost of production.

Similarly, the MSP for mustard was increased from the previous Rs 5050 per quintal to Rs 5450 per quintal for 2023-24. Government estimated the average cost of production for RMS 2023-24 at Rs 2670, hence registering a return of 101 per cent.

The MSP for Barley and Gram were increased by Rs 100 per quintal and Rs 105 per quintal to Rs 1735 per quintal and Rs 5335 per quintal, respectively, for 2023-24.

Lentils saw the highest increase in MSP. For RMS 2022-23, the MSP for lentils was at Rs 5500 per quintal, which has now increased to Rs 6,000 per quintal, registering a Rs 500 bump.

The MSP for Sunflower increased by Rs 209 per quintal and is now at Rs 5650 per quintal.

Best Offers & deals on shopping and flights booking join on Telegram

[{"selector":"#anim-5a393735-3c37-4b70-a4da-3ac44c126b82","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-8706ade8-e8f4-404e-95a3-9a27c142a8ff","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-dfeb6498-ff9f-4381-bb10-583f29b62f98","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more

The hiked in the minimum support price for wheat by ₹110 per quintal.

The hiked in the minimum support price for mustard by ₹400 per quintal.

According to an official release, the CCEA has approved an increase in MSP s for six rabi crops for the 2022-23 crop year (July-June) and the 2023-24 marketing season.

According to an official release, the CCEA has approved an increase in MSP s for six rabi crops for the 2022-23 crop year (July-June) and the 2023-24 marketing season.

The decision to increase the MSPs (minimum support prices) was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.

The decision to increase the MSPs (minimum support prices) was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.

The MSP for wheat was increased from Rs 2015 per quintal in 2022-23 to Rs 2125 per quintal for 2023-24. The average cost of production for the upcoming RMS is estimated at Rs 1065 per quintal, thus reflecting a return of 100 per cent on cost of production.

The MSP for wheat was increased from Rs 2015 per quintal in 2022-23 to Rs 2125 per quintal for 2023-24. The average cost of production for the upcoming RMS is estimated at Rs 1065 per quintal, thus reflecting a return of 100 per cent on cost of production.

Similarly, the MSP for mustard was increased from the previous Rs 5050 per quintal to Rs 5450 per quintal for 2023-24. Government estimated the average cost of production for RMS 2023-24 at Rs 2670, hence registering a return of 101 per cent.

The MSP for Barley and Gram were increased by Rs 100 per quintal and Rs 105 per quintal to Rs 1735 per quintal and Rs 5335 per quintal, respectively, for 2023-24.

Lentils saw the highest increase in MSP. For RMS 2022-23, the MSP for lentils was at Rs 5500 per quintal, which has now increased to Rs 6,000 per quintal, registering a Rs 500 bump.

The MSP for Sunflower increased by Rs 209 per quintal and is now at Rs 5650 per quintal.

Best Offers & deals on shopping and flights booking join on Telegram

Click Here