Cabinet Committee on Economic Affairs (CCEA)

01-November, 2012 18:44 IST

 The Cabinet Committee on Economic Affairs (CCEA) in its meeting held today (1.11.2012) approved the Minimum Support Prices (MSPs) for the Rabi Crops for 2012-13 to be marketed in 2013-14 as recommended by CACP except in case of Wheat for which there would be further consultation.

 The CCEA has approved the MSP of Barley at Rs.. 980 per quintal, Gram at Rs. 3000 per quintal, Masur (Lentil) Rs. 2900 per quintal, Rapeseed / Mustard Rs. 3000 per quintal and Safflower Rs. 2800 per quintal.

 

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KR/SKS

 

 

Minimum support prices set for Rabi crops; wheat excluded pending further consultation on its price. The Cabinet Committee on Economic Affairs approved Minimum Support Prices for specified Rabi crops for 2012-13 to apply to produce marketed in 2013-14, adopting the Commission for Agricultural Costs and Prices' recommendations. The approval sets crop-specific MSPs for barley, gram, masur (lentil), rapeseed/mustard and safflower and excludes wheat from finalisation pending further consultation, thereby applying the government's price-support policy while reserving a separate consultative process for wheat.