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MP government fixes minimum support price of Rs 1,500 per quintal for wheat

04 Feb 2013 Evaluate

Madhya Pradesh government has declared a minimum support price (MSP) of Rs 1,500 per quintal for wheat and has set aside Rs 6,000 crore this year for the purpose. With this, Madhya Pradesh becomes the only state in the country to offer Rs 1,500 per quintal for purchasing wheat on MSP. The Chief Minister also demanded from the centre to declare Rs 1,600 MSP for wheat this season.

The state government has also announced ‘Mukhyamantri Kisan Videsh Adhyayan Yatra Yojna’ (Farmers Foreign Study Tour Scheme) in order to abreast farmers of best agriculture practices.

Besides, core-banking scheme for cooperative banks of the state, payment of electricity bills at flat rate Rs 1,200 per horse power only twice a year, forming milk-producing committees, 80% subsidy for buying sprinklers among others are the additional farmer-friendly measures announced by the Chief Minister for the welfare of farmers in the election year.

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