The government today increased the support price of paddy to the farmers by Rs 80 per quintal for the current Kharif season to encourage production and meet the requirement of the proposed National Food Security Act. "The minimum support price (MSP) of paddy (common) has been fixed at Rs 1080/quintal and of paddy (grade A) at Rs 1,110/quintal, which represents an increase of Rs 80/quintal over the last year's MSPs," said an official statement after the meeting of Cabinet Committee on Economic Affairs.
2011-06-10
Global News: India Govt hikes paddy MSP by Rs 80/qtl
(News resource: MSN India, Jun. 10, 2011)
The government today increased the support price of paddy to the farmers by Rs 80 per quintal for the current Kharif season to encourage production and meet the requirement of the proposed National Food Security Act. "The minimum support price (MSP) of paddy (common) has been fixed at Rs 1080/quintal and of paddy (grade A) at Rs 1,110/quintal, which represents an increase of Rs 80/quintal over the last year's MSPs," said an official statement after the meeting of Cabinet Committee on Economic Affairs.
The government today increased the support price of paddy to the farmers by Rs 80 per quintal for the current Kharif season to encourage production and meet the requirement of the proposed National Food Security Act. "The minimum support price (MSP) of paddy (common) has been fixed at Rs 1080/quintal and of paddy (grade A) at Rs 1,110/quintal, which represents an increase of Rs 80/quintal over the last year's MSPs," said an official statement after the meeting of Cabinet Committee on Economic Affairs.
