The minimum support prices (MSP) of paddy, sesamum, tur and urad were hiked recently. These are ..... crops.

2023

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The minimum support prices (MSP) of paddy, sesamum, tur and urad were hiked recently. These are ____ crops.

A	Kharif
B	Rabi
C	Zaid
D	None of the above

Explanation:

Detailed explanation-1: -NEW DELHI: The government on Wednesday approved new minimum support price (MSP) for all 14 mandated kharif crops for the 2022-23 marketing season, giving a hike of roughly 4-9%, with higher increase for oilseeds (soybean, sesamum and sunflower seed), climate-resilient coarse grain jowar and pulses (moong).

Detailed explanation-2: -The Union Cabinet on Wednesday hiked the minimum support price (MSP) for paddy by ₹100 per quintal for the 2022-23 Kharif season. The rates for 14 Kharif crops have been increased, the hikes ranging from 4% to 8%. This is similar to the MSP hike given in 2021-22, which was in the range of 1% to 7%.

Detailed explanation-3: -The MSP of common grade variety of paddy-the main kharif crop-has been increased by Rs 100 to Rs 2, 040/quintal for the 2022-23 crop year from Rs 1, 940 in the previous year.

There is 1 question to complete.