MSP hike to boost farm income, spur growth: Assocham
The BJP-led government had last week increased the MSP for paddy by a record Rs 200 per quintal that will cost the exchequer over Rs 15,000 crore, and help fulfil its poll promise to give farmers 50 per cent more than their cost of production.
Assocham said hike in MSP would boost farmers' income. Image source: Reuters