Support price of paddy hiked by Rs 60 to Rs 1,310 per quintal

Thursday, Jun 27, 2013, 21:21 IST | Place: New Delhi | Agency: PTI

The government also increased the minimum support price (MSP) of pulses and oilseeds by up to Rs 450 and Rs 320 per quintal, to boost ouput and reduce import dependence.

Amid expectations of normal rain, the government on Thursday approved a hike of Rs60 in paddy support price (MSP) to Rs1,310 per quintal in order to encourage farmers to grow more in the ongoing kharif season.

The government also increased the minimum support price (MSP) of pulses and oilseeds by up to Rs 450 and Rs 320 per quintal, to boost ouput and reduce import dependence.