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The increase in MSP of 6 Rabi crops by the Government of India

The increase in MSP of 6 Rabi crops by the Government of India

The Government of India has increased the minimum support price of 6 Rabi crops including mustard, wheat, lentils and gram. This will benefit crores of farmers in especially Uttar Pradesh, Madhya Pradesh, Haryana and Punjab. Also, farmers' income will also increase. A great gift of Diwali has been provided to the farmers by the central government. It has increased the MSP of 6 Rabi crops including wheat. This will give the benefit of crores of farmers of India. His income will also increase significantly. The special thing is that Prime Minister Narendra Modi's government has increased the MSP of Rabi crops from 2% to 7% percent. At the same time, the increase of MSP by the Union Cabinet has also been approved. Meaning that when the purchase of Rabi crops starts for crop season 2024- 25, farmers will get funds at the rate of new MSP.


Rabi crop 

Wheat, linseed, mustard, safflower, peas, gram and barley fall into the rabi crop. Their sowing is done between October to November. The special thing is that most of the Rabi crops are cultivated in the states of North India. Talking about wheat, Uttar Pradesh is called its largest productive state. This is followed by the number of Madhya Pradesh, Gujarat, Bihar Punjab, Haryana and Rajasthan. Currently, the central government has increased the price of wheat by Rs 150 per quintal in the MSP of wheat. After this, wheat MSP Rabi marketing season 2024-25 increased to Rs 2275 per quintal. Meaning that from the decision of PM Modi's cabinet, crores of farmers of Gujarat, Bihar, UP, Haryana, Punjab and Rajasthan will get a lot of benefit.


Also read: Before Diwali, the central government can increase the MSP of 23 crops including wheat.


Where and how much mustard is produced in India

Similarly, Rajasthan is the top state of mustard yield in India. It has 46.7 percent participation in the total mustard produced in India. This means that Rajasthan produces only 46.7 percent mustard. This is followed by the number of Uttar Pradesh, Madhya Pradesh, Haryana and West Bengal. At present, the central government has increased the minimum support price of mustard at a rate of Rs 200 per quintal. With this, the minimum support price of mustard has reached Rs 6550 per quintal. In such a situation, farmers of these states will get immense benefit.


Inflation will decline due to increasing mustard production area

Also, agricultural experts say that according to consumption in India, mustard yield is very low. In such a situation, edible oils have to be imported from abroad. However, the decision to increase the MSP by the Central Government has been taken at a proper time. The mustard sowing season is going on. For your information, let us tell you that due to the increase in MSP, farmers will sow mustard in more areas to earn more. This will increase mustard production in India, which may cause mustard oil prices to fall. This will also reduce inflation significantly.


Important step by the government to control rising prices of pulses.

Important step by the government to control rising prices of pulses.

Because of the upcoming festivals, the prices of pulses have been increasing in the market for the last two weeks. The retail price of gram dal has increased from Rs 60 to Rs 90 per kg. And the urad has crossed the price of Rs 100 per kg. Similarly, tur dal is being sold at Rs 150 to Rs 160 per kg. An important step has been taken by the government to control the prices of pulses. Due to the surge in demand, there is a possibility of a rise in the prices of pulses in the coming days. Due to this, the Central Government has increased the stock limit of urad and toor dal for importers. There will be an increase in the supply of pulses in the market, which will result in helping in controlling the prices.


New rules regarding storage limit of pulses

The Department of Consumer Affairs has issued a notification, in which new instructions have been issued for importers, small and big retailers and mill owners regarding the storage limit of pulses. It has been said in the notification that the government has given approval to the wholesalers of Toor Dal and Urad Dal to increase the storage of pulses from the earlier 50 MT to 200 MT. The government has also doubled the time limit for which importers can hold their stock after clearance to 60 days


Also read: Chhattisgarh government will buy mong, arhar and urad pulses at MSP


No change will be done in stock holding capacity

According to the notification, there is no change in the stock holding capacity for small retailers. Let us tell you that the storage limit for small retailers is 5 metric tons. Additionally, it has also been stated that millers can store 25% of the production of the last three months or the annual installed capital, whichever is higher. Earlier it was limited to only 10%.


According to the Dal Mill Association, this decision will increase the supply.

Suresh Aggarwal, President of All-India Dal Mill Association, says that according to the data this exemption given by the Central Government will help the industry in increasing the supply of Toor and Urad pulses in the market. He said that the industry had recommended this in its last meeting with the officials. By increasing the availability of an adequate quantity of pulses in the market, the demand can be met. Besides, there will be a lot of help in controlling the prices.


Also read: late variety of pulses is required


The price of chana dal increased from Rs 60 to Rs 90 in the market.

The price of gram dal has increased from Rs 60 per kg to Rs 85-90 per kg in the last 15 days. To provide relief from expensive chana dal, the government is selling chana dal at about Rs 30 cheaper than the market price through cooperative societies NAFED and NCCF. On November 6, Union Minister Piyush Goyal released 100 vans of NAFED. Through this, gram dal is being sold at Rs 60 per kg, onion at Rs 25 per kg and flour at Rs 27.50 per kg.