Business Today

MSP PUSH FOR COARSE CEREALS, OILSEEDS, PULSES

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The Cabinet Committee on Economic Affairs (CCEA) has announced minimum support price (MSP) for kharif crops for 2021-22. The steepest increase has been in pulses, coarse cereals and oilseeds. Paddy has seen a moderate 3.9 per cent rise. This is aimed at encouragin­g crop diversific­ation away from paddy and wheat

The highest absolute increase has been in sesamum (til) at ` 452 per quintal. This was followed by tur (arhar) and urad (black gram) at ` 300 per quintal each

MSP of ragi has more than tripled between 2011 and 2021. MSP of other millets such as jowar and bajra has also risen significan­tly

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