‘Crores of farmers will benefit’, tweets PM Modi as govt hikes MSP of wheat, five other rabi crops

PM Modi said that the higher MSP will empower farmers and contribute to doubling of their income.

Prime Minister Narendra Modi on Monday congratulated the farmers over the government’s decision to hike the Minimum Support Price of wheat and five other rabi crops.

Prime Minister Narendra Modi’s tweet comes after the government hiked the minimum support price of wheat by Rs 50 per quintal to Rs 1,975 per quintal to encourage farmers to increase cultivation of the crop.(PTI)

“It is our great privilege to work for the welfare of our farmers. In line with our ethos of taking farmer-friendly measures, the Cabinet has taken another historic decision to raise MSP. Crores of farmers will benefit from this,” PM Modi said in a tweet.  

PM Modi said that the higher MSP will empower farmers and contribute to doubling their income. “Increased MSP, along with the series of agriculture reforms passed by Parliament will ensure dignity and prosperity of farmers. Jai Kisan!” PM Modi said.

The prime minister’s tweet comes after the government hiked the minimum support price of wheat by Rs 50 per quintal to Rs 1,975 per quintal to encourage farmers to increase cultivation of the crop.

According to the revised price card, lentil has seen the highest increase in MSP at Rs 300 per quintal, followed by gram, rapeseed and mustard at Rs 225 per quintal each, safflower at Rs 112 per quintal. The minimum support price for barley and wheat has been fixed at Rs 75 per quintal and Rs 50 per quintal.

The hike in MSP comes a day after Parliament approved two agriculture sector-reform bills which have been bitterly opposed by the opposition parties like Congress and TMC as well as from within ruling NDA alliance over apprehension that the new legislations might virtually end MSP-based procurement by the government.

(With inputs from PTI)