End of MSP? Far from it, rabi wheat purchases at brisk pace

By: |
May 11, 2021 7:48 AM

The country is geared up for record wheat procurement at MSP in the current rabi season.

The last date of procurement was initially set as June 15.The last date of procurement was initially set as June 15.

The country is geared up for record wheat procurement at MSP in the current rabi season.

And 66% of the payments are made to farmers in Punjab and Haryana, the two states which are at the forefront of the agitation against the new farm laws, which, the agitators fear, could destroy the MSP system.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Leather, its products’ export jumps to $641.72 mn in Apr-May 2021: CLE
2Govt open to more measures to boost economy: CEA
3Recent GST clarifications and their impact: Tax relief in milling, pharma, education, food sectors