Centre Approves MSP For 14 Crops; It's 1.5 Times Cost Of Production
In a major decision, the Union Cabinet has approved a minimum support price of at least cost plus 50% for 14 crops ahead of the Kharif (summer) sowing season. The minimum support price of paddy has been increased by ₹ 117, Information and Broadcasting Minister Ashwini Vaishnaw said at a Cabinet briefing on Wednesday.
