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Home > Business > PTI > Report

Govt announces MSP, drought relief for rabi crops

February 13, 2003 17:25 IST

The government on Thursday fixed the Minimum Support Price for rabi crops, raising the MSP for pulses and oilseeds up to Rs 30 per quintal and leaving that for wheat unchanged at Rs 620 a quintal.

Announcing the decision of the Cabinet Committee on Economic Affairs, Agriculture Minister Ajit Singh told reporters that government has also provided a special drought relief of up to Rs 10 per quintal on various rabi crops including wheat.

He said while the MSP for wheat at Rs 620 has remained unchanged, a provision of Rs 10 per quintal as drought relief has been made.

The MSP for rapeseed mustard has been raised to Rs 1,330 from Rs 1,300 along with a drought relief of Rs 10, Singh said.

The MSP for masur and gram has been increased by Rs 20 to Rs 1,320 and 1,220 respectively besides drought relief of Rs 5 per quintal each.

For barley, the MSP remained unchanged at Rs 500 a quintal, but a special drought relief of Rs five a quintal was announced, Singh said.

An official spokesman said that it would be difficult to quantify the additional cost to government at this moment as it would depend on the quantum of crop procurement.tial, he said.

© Copyright 2003 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.



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