Diwali Gift To Farmers: Diwali gift to farmers, government increased MSP for Rabi season


Diwali Gift To Farmers: On Monday, October 17, 2022, the Modi government transferred the money of PM Kisan Yojana to the farmers’ account and on the very next day, the government gave money to the farmers. Diwali Before given another gift. The Central-led Modi government has announced an increase in the minimum support price for rabi crops for the rabi season of 2023-24. Prime minister Narendra Modi In the meeting of the Economic Affairs Committee of the Cabinet, chaired by the Cabinet, it has been approved to increase the MSP.

For the coming Rabi season, the government has increased the MSP of wheat by Rs 110 to Rs 2125 per quintal from Rs 2015. MSP of Chana has also been increased by Rs 110 and it has been increased from Rs 5230 to Rs 5335 per quintal. The government has increased the MSP of lentils the most. The MSP of lentils has been increased by Rs 500 per quintal. The MSP of lentils has been increased from Rs 5500 to Rs 6000 per quintal. MSP of rapeseed (white mustard) and yellow mustard has been increased by Rs 400 per quintal from Rs 5050 to Rs 5450 per quintal. The MSP of Saif Flower has been increased by Rs 209. MSP of Saif flower has been increased from Rs 5441 to Rs 5650 per quintal. The MSP of Barli has been increased by Rs 100 and it has been increased from Rs 1635 to Rs 1735 per quintal.

The government’s claim that the increase in MSP of Rabi crops is in line with the announcement of giving MSP of 1.5 times the cost of production in the Union Budget for 2018-19. The government claims that there will be a return of 104 percent on rapeseed and mustard. 100 percent on Wheat, 85 percent on Masool, 66 percent on Chana, 50 percent on Saif Flower and 60 percent on Barley.

The government has been continuously focused on increasing the production of agricultural oil seeds and pulses and its results have also been seen. It has succeeded in increasing the production of oil seeds from 27.51 million tonnes in 2014-15 to 37.70 million tonnes in 2021-22. Success has also been achieved in increasing the production of pulses.

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