After increasing the FRP of sugarcane, the income of farmers will increase even from wheat and mustard! Government has increased MSP so much
At present, the government fixes the MSP for 23 crops grown in both Kharif and Rabi seasons. Sowing of Rabi (winter) crops starts from October immediately after the harvesting of Kharif (summer) crops. Wheat and mustard are the main Rabi crops.
According to a government release, the CCEA has approved the increase in MSP for six rabi crops for the crop years 2021-22 (July-June) and 2022-23 marketing seasons. The MSP of wheat for this crop year has been increased by Rs 40 to Rs 2,015 per quintal from Rs 1,975 per quintal in the 2020-21 crop year. The production cost of wheat has been estimated at Rs 1,008 per quintal, the release said.
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According to the official, the government has procured a record wheat of over 43 million tonnes during the Rabi marketing season 2021-22. The support price of barley has been increased by Rs 35 to Rs 1,635 per quintal for the 2021-22 crop year from Rs 1,600 per quintal last year.
MSP has also increased on pulses
Among pulses, the MSP of gram has been increased by Rs 130 to Rs 5,230 per quintal from the earlier Rs 5,100, while the MSP for masoor (lentils) has been increased by Rs 400 to Rs 5,500 per quintal from the earlier Rs 5,100.
In the case of oilseeds, the government has increased the MSP of mustard by Rs 400 to Rs 5,050 per quintal for the crop year 2021-22 from Rs 4,650 per quintal in the previous year. The MSP of sunflower has been increased by Rs 114 to Rs 5,441 per quintal from earlier Rs 5,327 per quintal.
“The government has increased the MSP of Rabi crops for the Rabi marketing season 2022-23 to ensure remunerative price to the growers for their produce,” the release said. The government said that the increase in the MSP of rabi crops for the marketing season 2022-23 is in line with the announcements of the Union Budget 2018-19, which announced fixing the MSP at a level of at least 1.5 times the average cost of production. Was. Its objective is to ensure fair returns to the farmers.
“The expected return to farmers on their cost of production is estimated to be highest in the case of wheat and mustard (100 per cent each), followed by lentils (79 per cent), gram (74 per cent), barley, the statement said. 60 percent) and sunflower (50 percent). The government also said that in the last few years, concerted efforts were made to re-correct the MSP in favor of oilseeds, pulses and coarse cereals so as to encourage farmers to increase the area under cultivation for these crops as well as Only and best techniques and farming practices can be adopted to correct the imbalance of demand and supply.
In addition, a central scheme like the National Mission on Edible Oils – Oil Palm (NMEO-OP) – announced recently by the government, will help in increasing the domestic production of edible oils and reduce dependence on imports. With a total outlay of Rs 11,040 crore, the NMEO-OP scheme will not only help in expanding the area under cultivation and increasing the productivity, but will also benefit the farmers from their income and generation of additional employment.
(This news has not been edited by NDTV team. It has been published directly from Syndicate feed.)