Millennium Post

Agri Ministry for Rs60/quintal hike in paddy MSP

In view of surplus rice stocks, the Agriculture Ministry has proposed a hike of Rs 60 in support price of paddy at Rs 1,310 per quintal for 2013-14.

The ministry, however, has favoured increase of up to Rs 450 in support prices of pulses and oilseeds to give a push to their production for reducing dependency on imports.

Barring for two crops, the Ministry has accepted most of the recommendations of the Commission for Agriculture Costs and Prices (CACP) on minimum support prices (MSP) of kharif crops for 2013-14 crop year (July-June), sources said.

The ministry has sought views of  the state governments on the issue and has circulated a Cabinet note among various ministries recommending MSP of Rs 1,310 per quintal for common variety paddy and Rs 1,345 per quintal for 'A' grade variety of paddy for 2013-14 crop year, they added.

For the 2012-13 crop year, paddy minimum support price of common and 'A' grade varieties were fixed at Rs 1,250 per quintal and Rs 1,280 per quintal, respectively.

Paddy is grown in both kharif and rabi season. Sowing of kharif crops begins with the onset of south-west monsoon in June and harvesting starts from October.

The Ministry has recommended increase in MSP of bajra by Rs 135 to Rs 1,310 per quintal, while the CACP had suggested to keep its price unchanged at Rs 1,175 per quintal even during 2013-14.
PTI

PTI

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