The Union Cabinet has approved hike in Minimum Support Price (MSP) for Rabi crops such as Wheat and Gram. The development has come a day after the two crucial farming bills were passed in Rajya following they were cleared in Lok Sabha, and finally set to become new laws.
Taking into account the total amount of subsidies provided by the government, Jaitley claimed that Rs 5.34 lakh crore was already being distributed to the poor.
Speaking at IndiaTV-Lokmat conclave, Javadekar said MUDRA loans have helped so many people become self-employes and job givers.
Comparing Modi government’s MSP hike to Karnataka govt’s farm loan waiver, the Congress president said that the central government’s decision was mere “marketing” while Kumaraswamy government’s decision exemplified “action”.
The Cabinet Committee on Economic Affairs (CCEA) today approved the support price of kharif crops. the cabinet raised the he minimum support price (MSP) for paddy sharply by Rs 200 to Rs 1,750/quintal to honour the budget announcement.
Meanwhile, Congress President Rahul Gandhi indicated that the Karnataka budget, which will be presented on Thursday, will waive farm loans and said it will be a "beacon of hope for farmers".
The ex-FinMin claimed that effects of demonetisation were still evident on India's economy and holding up return on GST filling has further stressed the business owners.
Jaitley had announced in the Budget earlier this month that the government will fix the minimum support price (MSP) of Kharif 2019 crops at least 1.5 times than the cost of production.
Finance Minister Arun Jaitley today announced to increase the Minimum Support Price (MSP) of crops to at least 1.5 times of the production cost.
The government today increased the MSP of wheat by Rs 110 to Rs 1,735 a quintal and of pulses by Rs 200 per quintal.
Chandigarh: Punjab Chief Minister Parkash Singh Badal today accused previous Congress governments at the Centre of ignoring issues of farmers struggling under huge debts.During a debate in the assembly on a resolution on "rising financial
Chandigarh: The Punjab government today decided that the farmers in the state would be given full Minimum Support Price (MSP) of their harvest and the value cut imposed by the Centre would not be passed
New Delhi, Oct 25: The government today announced a hike of Rs 115 per quintal in minimum support price (MSP) of wheat to farmers at Rs 1,285 per quintal for the ongoing rabi (winter) season,
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