Centre hikes paddy MSP by Rs 100 per quintal for 2022-23 crop year

New Delhi, 8/6: The government on Wednesday hiked the minimum support price (MSP) of paddy by Rs 100 to Rs 2,040 per quintal for the 2022-23 crop year.



The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the increase in MSP for all mandated Kharif (summer) crops for the 2022-23 crop year.


“In today’s cabinet meeting, MSP of 14 kharif crops was approved,” Information and Broadcasting Minister Anurag Thakur told reporters.

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