Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Govt may tomorrow raise wheat MSP by Rs 100 per quintal

Govt may tomorrow raise wheat MSP by Rs 100 per quintal

Share this article Share this article
published Published on Oct 17, 2013   modified Modified on Oct 17, 2013
-PTI


NEW DELHI: The government may tomorrow raise the minimum support price (MSP) for wheat by Rs 100 to Rs 1,450 per quintal to encourage farmers to cover more area under the crop in the ongoing rabi season, sources said.

Wheat MSP is the rate at which government buys the grain from farmers. It is critical as it helps farmers decide the choice of crop.

"The Cabinet Committee on Economic Affairs (CCEA) is scheduled to meet tomorrow. The MSP for rabi crops, including wheat, for 2014-15 marketing year is on the agenda list," a government source said.

The Agriculture Ministry has proposed an increase of Rs 100 per quintal to Rs 1,450 per quintal in wheat MSP for the 2014-15 marketing year (April-March) from Rs 1,350 per quintal this year, the source said.

The ministry's MSP proposal on wheat is, however, higher than Rs 1,400 per quintal recommended by the government advisory body Commission for Agricultur Costs and Prices (CACP) for 2014-15.

Sources said the increase in wheat MSP is likely to lead to a rise in the government food subsidy bill in the next fiscal and may also put pressure on inflation.

The government procures wheat from farmers at MSP during April-June. Wheat is the main crop grown in the rabi (winter)season.

Wheat's sowing begins in October and harvesting starts from April onwards.

The Agriculture Ministry has also proposed an increase of Rs 120 per quintal in barley MSP to Rs 1,100 per quintal for 2014-15 marketing year.

It has suggested an hike of Rs 200 per quintal each for gram and masur to Rs 3,200 and Rs 3,100 per quintal, respectively. It has also suggested a Rs 150 per rise in mustard MSP to Rs 3,150 per quintal for 2014-15.

 


The Economic Times, 16 October, 2013, http://economictimes.indiatimes.com/news/economy/agriculture/govt-may-tomorrow-raise-wheat-msp-by-rs-100-per-quintal/articleshow/24267204.cms


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close