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HomeBharat NewsIncrease in Mustard MSP: UP Govt Reports Jump from ₹3,100 to ₹5,450...

Increase in Mustard MSP: UP Govt Reports Jump from ₹3,100 to ₹5,450 Over 2014-2023

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In a significant stride towards uplifting the socio-economic landscape of Uttar Pradesh’s farming community, the state government has implemented visionary policies to enhance the income of the revered “Annadata” – the farmers. By substantially elevating the Minimum Support Price (MSP), the government aims to ensure that farmers receive fair compensation for their diligent efforts in cultivating crops. This unprecedented move stands as a testament to the state’s commitment to the welfare of its agricultural backbone.

Uttar Pradesh’s Forward Trajectory

Addressing the aspirations of farmers, the Uttar Pradesh government’s recent announcement reverberated with promises of a brighter future. The bold statement, “With a view to increasing the income of Annadata farmers of Uttar Pradesh, the MSP has been increased to provide them with a fair price for the produce of their crops,” encapsulates the essence of these progressive policies.

Empowering Rabi Crops: A Paradigm Shift

A pivotal focus of these advancements has been the rabi crops, with wheat as a prime example. Reflecting this shift, the MSP of wheat has surged from ₹1,450 in the year 2014-15 to a commendable ₹2,125 in the fiscal year 2023-24. This remarkable increase serves as a beacon of hope for farmers, infusing their toil with newfound optimism and recognition.

Lentils and Mustard: Doubling Farmers’ Fortunes

Lentils, a staple in Indian households, have witnessed an astounding transformation in terms of MSP. The government’s dedication to farmers’ prosperity is evident as the MSP for lentils has burgeoned from ₹3,075 in 2014-15 to an impressive ₹6,000 in 2023-24. This doubling of returns resonates deeply, affirming the state’s commitment to bolstering the agro-economy.

In parallel, mustard, a crop synonymous with Indian agriculture, has also experienced a significant MSP hike. From ₹3,100 in 2014-15 to ₹5,450 in 2023-24, the mustard MSP trajectory mirrors the overall intent of the government’s policies – to uplift, empower, and cultivate resilience among farmers.

Trimming Market Fees: Unshackling Farmers

Recognizing the intricacies of the agricultural ecosystem, the Uttar Pradesh government has diligently addressed concerns about market fees. The commendable reduction of market fees from 02% to 01% underscores the government’s intent to alleviate financial burdens on farmers, fostering an environment conducive to growth and sustainability.

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