Cabinet approves MSP for kharif marketing season 2022-23 | News – Times of India Videos

Cabinet approves MSP for kharif marketing season 2022-23 | News – Times of India Videos

Jun 08, 2022, 10:49PM ISTSource: Mirror Now

Minister of Information and Broadcasting Anurag Thakur on June 08 informed that the Cabinet has approved the Minimum Support Price (MSP) for Kharif Marketing season 2022-23. Addressing the Cabinet Briefing, he said, “Dependence on imports has reduced. Farmers’ income has increased. Approved rates are in line with the principle of fixing the MSPs at a level of at least 1.5 times.” He said, “It has been decided in the Cabinet meeting today that the price of sesame will increase by Rs 523. There will be an increase of Rs 480 per quintal on moong, Rs 385 per quintal on sunflower, Rs 300 hike on groundnut.” “Before 2014, purchases were made on 1-2 crops. After coming to the government of Prime Minister Narendra Modi, other crops were also added to it and the income of farmers also increased,” he added.

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