Govt hikes minimum support price of pulses by Rs 425 per quintal
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, has given its approval for the hike in the MSPs for all Kharif crops of the 2016-17 season.
The government has raised MSP rate for pulses significantly for the 2016-17 Kharif season in order to boost domestic production and reduce the country's dependence on imports. Image Source: Reuters/Rupak De Chowdhuri