SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tamil Nadu increases MSP for paddy for current year’s kharif season

01 Oct 2015 Evaluate

Tamil Nadu government will procure paddy at an increased rate compared to Minimum Support Price (MSP) fixed by the centre for the current year’s kharif season.  The revised MSP will come into effect from October 1. The centre had recently fixed MSP for fine quality paddy and the common variety at Rs 1,450 and Rs 1,410 per quintal, respectively.

The state government will provide an additional Rs 70 for the fine quality paddy and procure it at Rs 1,520 per quintal. Similarly, an additional Rs 50 will be provided to the MSP of Rs 1,410 for the common variety to procure paddy from farmers at Rs 1,460 per quintal.

Considering the high rates of pulses and cooking oil in the open market, the state government has also directed extending sale of toor dal, urad dal and palm oil through the Public Distribution System for one more year.



About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×