New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the increase in minimum support prices (MSPs) for all Kharif crops for 2019-20 season, a move that will lead to increased investment and production through assured remunerative prices to the farmers.
For the Kharif crops, the MSP of soyabean has been hiked by Rs 311 per quintal, sunflower by Rs 262 per quintal and sesamum by Rs 236 per quintal.
The MSP of tur dal has been increased by Rs 125 per quintal and urad dal by Rs 100 per quintal. This will help address the issues related to the requirement of pulses in view of the need to meet the nutritional security and protein requirements of a large section of the population.
