Source: Tecoya Trend
From Our Correspondent NEW DELHI, JUNE 27
Amid expectations of normal rain, the government today approved a hike of minimum support prices (MSP). The Cabinet Committee on Economic Affairs (CCEA) which met here today approved Rs 100 hike in cotton MSP to Rs 3,700 per quintal (medium staple) and Rs 4,000 per quintal (long staple). The hike in support prices has been done in order to encourage farmers to grow more cotton in the coming season. (Source: Tecoya Trend)