India / Minimum support prices for 14 kharif crops increased by 50-83%: Govt

Union Agriculture Minister Narendra Singh Tomar on Monday announced that minimum support price (MSP) for 14 kharif crops has been increased by 50-83% to provide relief to the farmers. He added, "MSP rate for Paddy is now ₹1,868/quintal, Jowar ₹2,620/quintal, Bajra ₹2,150/quintal and 50% increase in Ragi, Moong, Groundnut, Soyabean, Til and Cotton for the year 2020-21."

New Delhi: Giving huge relief to farmers at this time of corona crisis, the Central government on Monday increased the Minimum Support Prices (MSP) for 14 kharif crops by 50- 83%. An announcement to this effect was made by Union Minister Narendra Singh Tomar during a press briefing.

Addressing the press conference, Narendra Singh Tomar said that the farmers will get more time to repay their loans till August now.