Uttar Pradesh Chief Minister Yogi Adityanath has commended the Union Cabinet's decision to raise the Minimum Support Price (MSP) for Kharif crops in the upcoming Kharif Marketing Year 2023-24. The move is expected to provide financial empowerment to farmers and bring about a comprehensive transformation in their lives.
Expressing his gratitude towards Prime Minister Narendra Modi, Chief Minister Yogi Adityanath emphasized that the central government's decision is dedicated to the welfare of farmers. This increase in MSP is a significant step towards ensuring that farmers receive fair and remunerative prices for their agricultural produce.
On Thursday, the Union Cabinet officially approved the hike in the minimum support price for Kharif crops, aiming to support farmers and encourage crop diversification. The Prime Minister's Office (PMO) stated that this decision would enable farmers to obtain better prices for their crops, ultimately enhancing their economic well-being.
The revised MSP for paddy (common variety) has been raised from Rs 2,040 per 100 kg to Rs 2,183, while for the Grade A variety, it has been increased from Rs 2,060 to Rs 2,203. The MSP for millets such as bajra and ragi has been raised from Rs 2,350 to Rs 2,500 and from Rs 3,578 to Rs 3,846, respectively. Furthermore, the MSP for pulses like tur, moong, and urad has been increased from Rs 6,600 to Rs 7,000, Rs 7,755 to Rs 8,558, and Rs 6,600 to Rs 6,950, respectively.
In a press conference, Union Food and Public Distribution Minister Piyush Goyal highlighted that the projected total foodgrain production for the agricultural year 2022-23 stands at 330.5 million tonnes.
This estimate, based on the third advance estimates for 2022-23, indicates a record-breaking increase of 14.9 million tonnes compared to the previous year (2021-22). This surge in production represents the highest growth rate witnessed in the last five years.
