India pushes for water efficient crops |
India`s Cabinet Committee on Economic Affairs, approved higher support prices for kharif, or summer`s month crops on Wednesday. The government said the increase in minimum support prices for kharif crops, is in line with giving farmers 1.5 times the cost of production. The highest percentage return to farmers over their cost of production is for bajra that is 85% followed by urad at 64% and tur at 60%. The support price of common variety rises from Rs 1,750 a quintal to Rs 1,815 while higher quality `Grade A` variety rises from Rs 1,770 to Rs 1,835 a quintal. Agriculture minister Narendra Singh Tomar said higher MSP would increase investment and production. He said, “We are determined to double the income of farmers. The increased prices will help in improving financial condition of farmers.” The new prices got positive reactions from farm leaders as the increase in MSP will certainly help farmers. Farmers have been quitting farming due to low income. Rise in farm income can only happen by increasing MSP.
|
|
|
|