India’s cabinet on June eight authorised a hike in minimal support prices for 17 crops for the 2022-23 kharif marketing season, Anurag Singh Thakur, the minister for information stated.
The permitted quotes are in line with the principle of fixing the MSPs at a stage of at least 1.5 times of the all India weighted average price of production, an legitimate said.
MSP refers to a state-set price at which authorities companies procure pick out crops from farmers to protect them from charge volatilities.
The problem of 5G spectrum pricing was no longer taken up in the cabinet meeting today, Thakur said.
