AGRICULTURE

CCEA may hike paddy MSP to Rs 900/qtl today

Oineetom Ojah

Posted: Wednesday, Oct 08, 2008 at 0254 hrs IST
Updated: Wednesday, Oct 08, 2008 at 0254 hrs IST


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New Delhi, Oct 7: had hiked the MSP of wheat by Rs 150 per quintal to Rs 1,000 per quintal, prompting calls from several rice growing states that MSP for paddy should also be raised to give incentive to rice growers as well.

Experts said one big reason for the government’s wheat procurement reaching a record 23 million metric tonnes in 2008-09 was mainly due to sharp increase in the wheat MSP. Last year, the MSP of wheat was around Rs 850 perquintal. ...

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