<p>The government on Wednesday hiked the minimum support price for wheat by Rs 85 to Rs 1,925 a quintal and for pulses by up to Rs 325 per quintal.</p>.<p>A decision in this regard was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi.</p>.<p>The MSP is the rate at which the government buys grains from farmers.</p>.<p>"In a move to increase farmers' income, the Cabinet has increased the MSP of rabi (winter-sown) crops for the current year," Information and Broadcasting Minister Prakash Javadekar told reporters after the meeting.</p>.<p>The CCEA has approved Rs 85 per quintal hike in wheat MSP to Rs 1,925 per quintal for the 2019-20 rabi crop, up from Rs 1,840 per quintal last year.</p>.<p>Barley MSP has also been increased by Rs 85 to Rs 1,525 per quintal from Rs 1,440 per quintal last year.</p>.<p>To encourage the cultivation of pulses, the support price of masoor has been increased by Rs 325 to Rs 4,800 per quintal from Rs 4,475 per quintal last year.</p>.<p>Similarly, the MSP for gram has been hiked by Rs 255 to Rs 4,875 per quintal for this year from Rs 4,620 per quintal last year.</p>.<p>Among oilseeds, rapeseed/mustard MSP has been increased by Rs 225 to Rs 4,425 per quintal for 2019-20 rabi crop from Rs 4,200 per quintal during 2018-19.</p>.<p>The minimum support price for safflower has been hiked by Rs 270 to Rs 5,215 per quintal from Rs 4,945 per quintal last year.</p>.<p>The MSP for rabi crops announced for this year is in line with the recommendation of the government's farm price advisory body CACP.</p>.<p>Wheat is the main rabi crop, sowing of which will begin next month. The crop will be marketed from next April onwards.</p>
<p>The government on Wednesday hiked the minimum support price for wheat by Rs 85 to Rs 1,925 a quintal and for pulses by up to Rs 325 per quintal.</p>.<p>A decision in this regard was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi.</p>.<p>The MSP is the rate at which the government buys grains from farmers.</p>.<p>"In a move to increase farmers' income, the Cabinet has increased the MSP of rabi (winter-sown) crops for the current year," Information and Broadcasting Minister Prakash Javadekar told reporters after the meeting.</p>.<p>The CCEA has approved Rs 85 per quintal hike in wheat MSP to Rs 1,925 per quintal for the 2019-20 rabi crop, up from Rs 1,840 per quintal last year.</p>.<p>Barley MSP has also been increased by Rs 85 to Rs 1,525 per quintal from Rs 1,440 per quintal last year.</p>.<p>To encourage the cultivation of pulses, the support price of masoor has been increased by Rs 325 to Rs 4,800 per quintal from Rs 4,475 per quintal last year.</p>.<p>Similarly, the MSP for gram has been hiked by Rs 255 to Rs 4,875 per quintal for this year from Rs 4,620 per quintal last year.</p>.<p>Among oilseeds, rapeseed/mustard MSP has been increased by Rs 225 to Rs 4,425 per quintal for 2019-20 rabi crop from Rs 4,200 per quintal during 2018-19.</p>.<p>The minimum support price for safflower has been hiked by Rs 270 to Rs 5,215 per quintal from Rs 4,945 per quintal last year.</p>.<p>The MSP for rabi crops announced for this year is in line with the recommendation of the government's farm price advisory body CACP.</p>.<p>Wheat is the main rabi crop, sowing of which will begin next month. The crop will be marketed from next April onwards.</p>