The cabinet committee on economic affairs announced revised MSPs for the summer-sown crops. Amid the ongoing farmer’s protest, several raised questions against the price rise. Captain Amarinder Singh also came forward and said that the price is highly inadequate and will not help farmers in any way. BKU general secretary (Dakaunda) Jagmohan Singh said, “The formula adopted by the Centre is faulty as it has failed incorporate cost of labor, increase prices of diesel and rent of agriculture land while announcing fresh MSP.” The MSP of paddy has been revised from ₹1,868 to ₹1,940, while grade-A paddy will be bought for ₹1,960 as compared to last year’s ₹1,888. The MSP for maize has been increased from ₹1,850 to ₹1,870. Last year, the MSP for maize was increased by ₹90 and by ₹53 for paddy varieties. Watch the video to know more!
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