
Benefits worth ₹6.3 lakh cr to 12 cr farmers in FY23: Mansukh Mandaviya
He added that ₹2,72,000 crore has been given to farmers by way of MSP and ₹1,00,000 crore has been directly transferred under the PM Kisan Samman Nidhi in FY23.
He added that ₹2,72,000 crore has been given to farmers by way of MSP and ₹1,00,000 crore has been directly transferred under the PM Kisan Samman Nidhi in FY23.
The MSP for bajra was revised to ₹2,500 per quintal from ₹2,350 a quintal last year. The MSP for tur has been raised to ₹7,000 a quintal from ₹6,600 a quintal a year before.
The committee will also look into zero budget-based farming and explore the possibilities of changing crop patterns
Food prices have grown with steep rise in MSP; an expansionary budget to boost growth will take them even higher.
Farmers, especially from the neighbouring states, have assembled near the Delhi border for a protest. Fortune India visited the epicentre to chronicle its growing intensity.
The Reserve Bank of India and the Ministry of Finance will have to come out with confidence building measures to calm market sentiment.