New Delhi : The government today increased the minimum support price (MSP) of wheat by Rs 110 to Rs 1,735 a quintal and gram by Rs 400 a quintal for 2017-16 to help boost the output of these crops and check prices. “The government has increased MSP of wheat by Rs 110 to Rs 1,735 per quintal for 2017-18, up from Rs 1,625 per quintal last year,” Agriculture Minister Radha Mohan Singh said after the Cabinet Committee on Economic Affairs (CCEA) approved MSPs of winter-sown crops or Rabi crops for 2017-18. The MSP is the rate at which government buys grain from farmers.
Share on Facebook
Follow on Facebook
Add to Google+
Connect on Linked in
Subscribe by Email
Print This Post
You must be logged in to post a comment Login