Bhavantar Bhugtan Yojana Current Affairs, GK & News
The government has increased the minimum support price (MSP) for all rabi crops of 2016-17 to boost the output of rabi (winter-sown) crops and check prices. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister. Further, to incentivize cultivation of pulses and oilseeds, a bonus on these ..
Topics: Agricultural Union • Agriculture • Bhavantar Bhugtan Yojana • CACP • Commission for Agricultural Costs and Prices • Economy • Industries • Member of the Scottish Parliament • Minimum support price • Rabi crop
Keeping in view the interests of the farmers as also the need for self reliance, the Government of India has been announcing Minimum Support Prices (MSP) for major crops from year to year. Farmers are free to sell in the open market or to the Government at the MSP depending on what is more advantageous ..