CCEA approves increase in MSP for all intended Kharif crops for Marketing Season 2022-23

The Cabinet Committee on Economic Affairs (CCEA) today approved an increase in Minimum Support Price (MSP) for all intended Kharif crops for Marketing Season 2022-23. Briefing media in New Delhi, Information and Broadcasting Minister Anurag Singh Thakur said, the approved rates are at least 1.5 times of the all India weighted average cost of production. He said, the highest absolute increase in MSP over the previous year has been recommended for Sesamum is Rs 523 per quintal, Moong Rs 480 per quintal, Sunflower seed Rs 385 per quintal, Tur, Urad and Groundnut Rs 300 per quintal, Cotton (Medium Staple) Rs 354 and Cotton (Long Staple) Rs 355.