Govt approves hike in Minimum Support Price for kharif crops
The Centre on Wednesday approved the raise in Minimum Support Price (MSP) for kharif crops in line with its budget announcement to ensure that farmers get at least 1.5 times of the production cost. The MSP for paddy has been hiked to around â¹1,750 per quintal from previous year's â¹1,550 and corn increased to â¹1,700 from â¹1,131.