India

Cabinet approves minimum support price hike for rabi crops; shares list

The Cabinet has endorsed an increment in least help costs (MSP) for all ordered rabi crops for showcasing season 2022-23. The MSP of wheat has been climbed by ₹40/quintal to ₹2,015/quintal from ₹1,975 in 2021-22, while the MSP of gram has been climbed by ₹130/quintal to ₹5,230/quintal. Wheat is relied upon to give 100% re-visitation of ranchers over their creation cost.

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