![Govt clears MSP for 14 crops; paddy sees 5.3% jump](https://images.assettype.com/fortuneindia%2F2021-11%2F308d62a6-fc82-44e5-a21c-268d697db422%2FFarmer_00990_copy.jpg?rect=0,82,2700,1350&w=300&q=95)
Govt clears MSP for 14 crops; paddy sees 5.3% jump
Farmers will get ₹2 lakh crore as MSP, ₹35,000 crore more than the previous season, says Union minister Ashwini Vaishnaw.
Farmers will get ₹2 lakh crore as MSP, ₹35,000 crore more than the previous season, says Union minister Ashwini Vaishnaw.
The MSP for bajra was revised to ₹2,500 per quintal from ₹2,350 a quintal last year. The MSP for tur has been raised to ₹7,000 a quintal from ₹6,600 a quintal a year before.
Common paddy MSP has been hiked to ₹2,040 per quintal in 2022-23 from ₹1,940 per quintal in 2021-22, while paddy grade A MSP has been increased to ₹2,060 per quintal in 2022-23.