Centre hikes MSP of paddy in the Kharif crop by Rs 200 per quintal

The Centre could increase the MSP of paddy, the key Kharif crop, by 13 percent to Rs 1,750 per quintal for the 2018-19 crop year. The MSP of the other 13 Kharif (summer-sown) crops are also expected to be increased sharply, they said.

According to The Times of India, the new MSP, to be considered by the cabinet on Wednesday, will largely apply to paddy and pulses but will also benefit ‘nutri-cereals’ like millets the most.