The Cabinet Committee on Economic Affairs (CCEA) on Thursday raised the minimum support price (MSP) for rabi crops such as mustard seeds, grams and lentils by seven-20 per cent. However, the CCEA did not take a decision on the wheat MSP for the 2013-2014 crop marketing season (April-March).
An official statement said that the CCEA approved raising the MSP of grams and masur (lentil) by Rs 100-200 a quintal to Rs 3,000 for gram and Rs 2,900 for lentil for the April 2013-March 2014 marketing year. The Cabinet has also approved increasing the MSP of mustard seeds from Rs 2,500 crore a quintal to Rs 3,000 a quintal for the 2013-14 marketing year and from Rs 2,500 to Rs 2,800 for safflower.
Among cereals, the official statement said that the CCEA has frozen the support price of barley at Rs 980 a quintal for 2013-14.
