October 17, 2013 6:01 PM

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MSP of wheat increased by Rs 50/quintal to Rs 1,400

The government today raised the minimum support price, MSP, for wheat by 50 rupees to 1,400 rupees per quintal for crop year 2013-14. It will encourage farmers to cover more area under the crop in the ongoing rabi season.

The increase in wheat MSP by 50 rupees per quintal is the same as recommended by the government advisory body, Commission for Agriculture Costs and Prices, CACP.

Information and Broadcasting Manish Minister Manish Tewari told reporters after the meeting that the MSP of red gram and mustard has also been hiked by 100 rupees per quintal each.

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