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CCEA hikes MSP for major Rabi crops including wheat, gram and pulses
Government has hiked Minimum Support Price (MSP) of Rabi crops including wheat and pulses for Rabi season 2015-16. The MSP of pulses was taken to boost the production as country is facing acute shortage due to domestic demand-supply gap/ Decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) meeting chaired by Prime Minister Narendra Modi in New Delhi.
MSP of Rabi crops for season 2015-16 Crop MSP per quintal Wheat 1525 ,Gram (Channa) 3500, Lentil (Masur) 3400, Mustard 3350, Safflower 3300, Barley 1225 Rupees. CCEA also gave its approval for allocation of additional 27 lakh tonnes of foodgrains to Below Poverty Line (BPL) and Above Poverty Line (APL) families through Public Distribution System (PDS). This will be for states which have yet not implemented National Food Security Act (NFSA), 2013. So far 20 States have implemented the Act and by March 2016 rest of the states will implement the NFSA.