कोशिश गोल्ड - मुक्त

Increased MSP for Kharif Crops

The New Indian Express Kannur

May 29, 2025

Cabinet okays transport infra projects worth over ₹7K cr, says I&B Minister Aswini Vaishnaw

- Mukesh Ranjan @ New Delhi

The Union Cabinet on Wednesday approved a hike in the Minimum Support Price (MSP) for the 2025-26 Kharif season and extended the interest subvention scheme for farmers. It also approved two multi-tracking railway projects in Maharashtra and Madhya Pradesh, as well as a four-lane highway project in Andhra Pradesh.

The Cabinet approved a hike in paddy MSP by three percent or ₹69 per quintal to ₹2,369 for the 2025-26 Kharif season and up to nine percent rise in rates of pulses and oilseeds, according to Union Minister Ashwini Vaishnaw. The cost to the exchequer of the MSP decision is ₹2,07,000 crore, and continuation of the subvention scheme will cost ₹15,642 crore.

The announcement comes amid the southwest monsoon reaching earlier than usual, giving a boost to the sowing of kharif crops, which contribute over 50 per cent of India's total annual foodgrain production.

यह कहानी The New Indian Express Kannur के May 29, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं? साइन इन करें

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