CCEA hikes MSP for major Rabi crops including wheat, gram and pulses
Faced with high prices of pulses, the Centre today hiked the support price to farmers for masoor and gram dals sharply by Rs 250 a quintal each to boost production in the ongoing rabi season and reduce dependency on imports.
Apart from raising the minimum support price (MSP) of pulses, the Cabinet Committee on Economic Affairs (CCEA) approved a bonus of Rs 75 per quintal for gram and masoor dals over and above the support price.
The MSP of wheat, the main rabi crop, has been increased by Rs 75 to Rs 1,525 a quintal for the 2015-16 rabi season, while that of oilseeds has been increased by Rs 250 a quintal. Read More