News Highlights

  • The Minister said Odisha is the fourth largest rice manufacturing state in the country

  • The Central assistance is not adequate for them. So, the MSP of paddy should be increased to Rs 2930 per quintal

  • The Cabinet Committee on Economic Affairs on Wednesday had approved increase in the minimum support price (MSPs) for all mandated Kharif crops

Bhubaneswar: The Odisha Government on Friday demanded a hike in Minimum Support Price (MSP) of paddy to Rs 2930 which would largely benefit the farmers of the State.

"The hike in MSP is necessitated as the farmers of Odisha are always bearing the brunt of various natural calamities. The Central assistance is not adequate for them. So, the MSP of paddy should be increased to Rs 2930 per quintal," Odisha Agriculture Minister Arun Sahoo demanded at a press meet.

The Odisha Government on Friday demanded a hike in Minimum Support Price (MSP) of paddy to Rs 2930 which would largely benefit the farmers of the State.

"The move will help farmers get 25% profit from their product," he added.

The Minister said Odisha is the fourth largest rice manufacturing state in the country.

Keeping all aspects in view, the Centre should take measures on a serious note, Sahoo demanded.

The Centre's aim of doubling famers' income by 2022 would not be fulfilled if the MSP is hiked in such line what has been done two days ago, the Minister said.

He also wrote to the Union Agriculture Minister to consider the case of Odisha on priority basis as it is considered a deficit State.

On Wednesday,  the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved increase in the minimum support price (MSPs) for all mandated Kharif crops for marketing season 2021-22 to ensure remunerative prices to the growers.

The MSP of paddy of both grades have been increased by Rs 72 per quintal, jowar by Rs 118, bajra by Rs 100, ragi by Rs 82, and arhar and urad by Rs 300 per quintal.

With a modest hike of Rs 72 per quintal, the MSP of common grade paddy, which is the biggest cereal grown during the kharif season, has risen to Rs 1940 per quintal.

The increase in MSP for kharif crops for marketing season 2021-22 is in line with the Union Budget 2018-19 announcement of fixing the MSPs at a level of at least 1.5 times of the all-India weighted average Cost of Production (CoP), aiming at reasonably fair remuneration for the farmers.

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