Farmers to receive Diwali gift, MSP of Rabi crops may increase by up to 9 percent
Zee Business Video Team | Updated: October 17, 2022 12:48 PM IST
Rabi Crops MSP: The central government is preparing to increase the Minimum Support Price (MSP) of 6 Rabi crops including wheat and pulses by up to 9 percent. The government has sent the cabinet note. Maybe the government will also take a decision on this week. The Minimum Support Price is the minimum price at which the government buys crops from farmers. It can also be understood in this way that the money that the government pays to the farmer on the crop purchased from him is the MSP. Below this farmers are not paid for their crops.
