1. Commodity News

Delhi Govt. to Increase MSP for Wheat, Paddy Crops

Tooba Maher
Tooba Maher

According to officials, Delhi government has finalised a mechanism to raise the minimum support price (MSP) for wheat and paddy crops which is based on the recommendations of the Swaminathan Committee report.  

Officials also said that Development Minister, Gopal Rai has directed his department to prepare a cabinet note for the implementation of the scheme, under the ‘Mukhyamantri Kisan Mitra Yojna’, launched by the government for the welfare of the farmers of Delhi. 

AAP government in Delhi has conceptualised the implementation the Swaminathan Committee report recommendations. It proposed that MSP should be at least 50% more than the weighted average cost of production for the benefit of the farmers. 

The MSP for Delhi for wheat and paddy crops has been decided based on all relevant factors, after considering the higher production cost in Delhi as compared to other states. 

It also added that an Agriculture Conference was convened under the chairmanship of Rai at the Delhi Secretariat on January 29 to discuss the recommendations of the Swaminathan report. 

Rai had also discussed in the meeting, the modalities of MSP implementation in Delhi with the farmers, tenant farmers, wheat and paddy traders. 

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