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Minimum Support Price for Paddy fixed at 1310 Rupees per Quintal

Jun 28, 2013 19:49 IST

The Cabinet Committee on Economic Affairs on 28 June 2013 approved the Minimum Support Prices (MSPs) for kharif crops of 2013-14 season. The MSP of Paddy (Common) has been fixed at 1310 rupees per quintal and of Paddy (Grade A) at 1345 rupees per quintal. This is an increase of 60 rupees per quintal and 65 rupees per quintal respectively over their MSPs of 2012.
The MSPs of Jowar (Hybrid), Jowar (Maldandi) and Ragi have been retained at last year`s level of 1500 rupees per quintal, 1520 rupees per quintal and 1500 rupees per quintal respectively. The MSP of Bajra has been raised by 75 rupees per quintal and fixed at 1250 rupees per quintal. The MSP of Maize has been raised by 135 rupees per quintal over 2010`s MSP at 1310 rupees per quintal.

The MSP of Arhar (Tur) was fixed at 4300 rupees per quintal and of Moong at 4500 rupees per quintal marking an increase of 450 rupees per quintal and 100 rupees per quintal respectively over their MSP of 2012. The MSP of Urad has been retained at 2012’s level of 4300 rupees per quintal.

The MSPs of Groundnut-in-shell, Soyabean (Black) and Sesamum have been increased by 300 rupees per quintal each and fixed at 4000 rupees per quintal, 2500 rupees per quintal and 4500 rupees per quintal respectively. MSP of Soyabean (Yellow) has been increased by 320 rupees per quintal over its MSP of last year and fixed at 2560 rupees per quintal. The MSPs of Sunflower Seed and Nigerseed have been retained at last year`s levels of 3700 rupees per quintal and 3500 rupees per quintal respectively.

MSP of Cotton (Medium Staple) and Cotton (Long Staple) have been raised by 100 rupees per quintal each, over their MSP of 2012. They have been fixed at 3700 rupees per quintal and 4000 rupees per quintal respectively.

Is this article important for exams ? Yes33 People Agreed
Read more Current Affairs on: Kharif crops , minimum support price , rabi crops

DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

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