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Farmers get nearly Rs 18L-cr as MSP

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Farmers get nearly Rs 18L-cr as MSP
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1 Feb 2024 12:15 PM IST

New Delhi: Paddy and wheat farmers have received nearly Rs 18 lakh crore in the last 10 years as Minimum Support Price (MSP) - a 2.5-fold increase from the preceding decade before 2014, President Droupadi Murmu on Wednesday said, while emphasising the Centre's focus on making farming activities profitable.

Moreover, she said farmers producing oilseeds and pulses have received over Rs 1.25 lakh crore as MSP in the last 10 years of the current government. In her first address to a joint sitting of the two Houses in the new Parliament building, Murmu said, "My government is laying stress on making farming more profitable. Our aim is to reduce the cost of farming while increasing profits." For the first time, Murmu said, the government has given priority to over 10 crore small farmers in the agricultural policy and schemes.

Droupadi Murmu Paddy and wheat farmers MSP Parliament agricultural policy 
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