The Union Cabinet has decided to hike Minimum Support Price, MSP, for Rabi crops for marketing season 2020-21

Question: After MSP by government what will be the price of wheat for season 2020-21?
(a) 1,825
(b) 1,925
(c) 2 ,025
(d) 2100
Answer: (b)
Related facts:

  • The Information and Broadcasting Minister Prakash Javadekar stated that MSP of wheat has been increased by 85 rupees per quintal to 1,925 rupees per quintal.
  • While MSP of Gram has been increased by 255 rupees, barley 85 rupees, mustard oil 225 rupees and sunflower 270 rupees per quintal.
  • To encourage cultivation of pulses, the support price of masoor has been increased by Rs 325 to Rs 4,800 per quintal for this year from Rs 4,475 per quintal last year.
  • Barley MSP has also been increased by Rs 85 to Rs 1,525 per quintal for the current year from Rs 1,440 per quintal last year.
  • Among oilseeds, rapeseed/mustard MSP has been increased by Rs 225 to Rs 4,425 per quintal for 2019-20 rabi crop from Rs 4,200 per quintal during 2018-19.
  • The minimum support price of safflower has been hiked by Rs 270 to Rs 5,215 per quintal for the current year from Rs 4,945 per quintal last year.

Links:
http://www.ddinews.gov.in/national/government-hikes-minimum-support-price-rabi-crops-2020-21
https://www.businesstoday.in/sectors/agriculture/modi-govt-hikes-msp-on-rabi-crops-from-50-per-cent-to-109-per-cent-farmers-income/story/386301.html

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