CCEA approves MSP for Rabi crops of 2011-12 season

The Cabinet Committee on Economic Affairs today approved the minimum support price (MSP) for Rabi crops of 2011-12 season to be marketed in 2012-13, including Rs 1285 per quintal for wheat, up Rs 165 per quintal over last year's level.
An official press release said the MSP of barley had been raised by Rs.200 per quintal and fixed at Rs.980 per quintal. 
The MSP of gram and masur (lentils) has been fixed at Rs.2800 per quintal each, marking an increase of Rs.700 per quintal and Rs.550 per quintal, respectively, over their last year’s MSPs. 
The MSPs of rapeseed/mustard and safflower have been increased by Rs.650 per quintal and Rs.700 per quintal, respectively, over the last year’s MSPs and have been fixed at Rs.2500 per quintal each. 
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