EDEN IAS

NEWS IMPULSE – GOVERNMENT DECLARES MINIMUM SUPPORT PRICES(MSP) FOR RABI CROPS | 22 SEPTEMBER

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<p style=”margin-bottom: 8px; text-align: center;”><span style=”font-size:16px;”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#595959″><b>Source &ndash; The Hindu</b></span></span></span></span></p>

<p style=”margin-bottom: 8px; text-align: center;”><span style=”font-size:16px;”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#595959″><b>GS Paper &ndash; 3</b></span></span></span></span></p>

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<h2 style=”margin-top:20px; margin-bottom:10px”><span style=”font-size:16px;”><span style=”background:white”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#7f7f7f”><strong>Context</strong><span style=”font-weight:normal”> – </span><span style=”font-family:&quot;Arial&quot;,&quot;sans-serif&quot;”><span style=”color:#525252″><span style=”font-weight:normal”>MSP increased by Rs. 50 to Rs. 300 per quintal, Food Corporation of India and other State agencies will continue to purchase farm produce at MSP, APMC mandis will also continue to function</span></span></span></span></span></span></span></span></h2>

<p style=”margin-bottom:8px”><strong><span style=”font-size:16px;”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#595959″>ABOUT </span></span></span></span></strong></p>

<ul>
<li style=”margin-left:8px”><span style=”font-size:16px;”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#595959″><span style=”background:white”><span style=”font-family:&quot;Arial&quot;,&quot;sans-serif&quot;”><span style=”color:#525252″>The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all mandated Rabi crops for marketing season 2021-22. </span></span></span></span></span></span></span></li>
</ul>

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<ul>
<li style=”margin-left:8px”><span style=”font-size:16px;”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#595959″><span style=”background:white”><span style=”font-family:&quot;Arial&quot;,&quot;sans-serif&quot;”><span style=”color:#525252″>This increase in MSP is in line with the recommendations of Swaminathan Commission</span></span></span></span></span></span></span></li>
</ul>

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<ul>
<li style=”margin-left:8px”><span style=”font-size:16px;”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#595959″><span style=”background:white”><span style=”font-family:&quot;Arial&quot;,&quot;sans-serif&quot;”><span style=”color:#525252″>The highest increase in MSP has been announced for lentil (Rs. 300 per quintal) followed by gram and rapeseed &amp; mustard (Rs. 225 per quintal each) and safflower (Rs. 112 per quintal). For barley and wheat, an increase of Rs. 75 per quintal and Rs 50 per quintal respectively has been announced. </span></span></span></span></span></span></span></li>
</ul>

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<ul>
<li style=”margin-left:8px”><span style=”font-size:16px;”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#595959″><span style=”background:white”><span style=”font-family:&quot;Arial&quot;,&quot;sans-serif&quot;”><span style=”color:#525252″>The differential remuneration is aimed at encouraging crop diversification.</span></span></span></span></span></span></span></li>
</ul>

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<ul>
<li style=”margin-bottom:8px; margin-left:8px”><span style=”font-size:16px;”><span style=”line-height:107%”><span style=”font-family:Calibri,sans-serif”><span style=”color:#595959″><span style=”background:white”><span style=”font-family:&quot;Arial&quot;,&quot;sans-serif&quot;”><span style=”color:#525252″>The MSP for pulses (lentil) and oilseeds has been increased to boost production of these crops so that import of these items can be reduced.</span></span></span></span></span></span></span></li>
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