Union Cabinet has increase the Minimum Support Price (MSP) for Kharif crops for marketing season 2023-24.

Union Cabinet has decided to increase the Minimum Support Price (MSP) for Kharif crops for marketing season 2023-24. The decision has been taken to ensure remunerative prices to growers for their produce and to encourage crop diversification.

As per the new MSP, the minimum support price of paddy has been increased from Rs 2,040 per quintal to Rs 2,183 per quintal. The highest increase has been made in the price of Moong Dal for which MSP has been raised to Rs 8,558 per quintal from Rs 7,755 per quintal.

Apart from MSP, the Union Cabinet has approved Metro connectivity from HUDA City Centre to Cyber City, Gurugram with Spur to Dwarka Expressway. PiyushGoyal said that this entirely elevated project will cost Rs 5,452 crores.