Paddy Minimum Support Price Hiked By Rs 72 Per Quintal For 2021-22 Crop Year

Paddy is the main kharif crop, the sowing of which has begun with the onset of the Southwest monsoon. The Met Department has projected a normal monsoon for the June-September period.

The government on Wednesday raised the minimum support price (MSP) of paddy marginally by Rs 72 per quintal to Rs 1,940 per quintal for the 2021-22 crop year, while the rates of other kharif crops were also hiked. Paddy is the main kharif crop, the sowing of which has begun with the onset of the Southwest monsoon. The Met Department has projected a normal monsoon for the June-September period. The decision taken by the Cabinet headed by Prime Minister Narendra Modi will help farmers take a call on which kharif (summer) crop to grow as sowing picks with the spread of the Southwest monsoon. Briefing reporters after the Cabinet meeting, Agriculture Minister Narendra Singh Tomar again dispelled apprehensions about MSP saying, "MSP (on farm crops) is there, is being hiked and will continue in future as well".