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This Article is From Oct 18, 2023

Cabinet Approves Minimum Support Prices For Rabi Crops

Cabinet Approves Minimum Support Prices For Rabi Crops
The price hike ranged from 2-7% across crops. (Source: Unsplash)

The Cabinet Committee on Economic Affairs approved the increase in the Minimum Support Prices for mandated Rabi crops for the marketing season 2024-25. 

The price hike ranged from 2-7% across crops.

Government has increased the MSP of Rabi crops for marketing season 2024-25, to ensure remunerative prices to the growers for their produce, the Cabinet Committee on Economic Affairs stated in a press release.

The highest increase in MSP has been approved for wheat and lentil (masur) at about 7.1%, followed by barley at 6.6%.

The absolute highest increase in MSP has been approved for lentil (masur) at Rs 425 per quintal, followed by rapeseed and mustard at Rs 200 per quintal.

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