|
Cabinet Committee on Economic Affairs today approved the Minimum Support Prices (MSPs) of fair average quality of rabi crops of 2005-06 to be marketed in 2006-07 as per following rates:
Commodity
MSP
(Rs. per quintal)
Increase over previous year
Wheat
650
10
Barley
550
10
Gram
1435
10
Masur (lentil)
1535
10
Rapeseed/Mustard
1715
15
Safflower
1565
15
The prices of other oilseeds belonging to the rapeseed/mustard group be fixed on the basis of their normal market price differentials with rapeseed/mustard.
NAFED would continue to be the nodal agency for procurement of oilseeds and pulses and losses, if any, will be fully reimbursed by the Government of India.
All the above MSPs for various crops have been recommended by the Commission for Agricultural Costs and prices (CACP)
UM/RC/NT
|
