MSP for wheat to be increased by Rs 85 to Rs 1,925 for 2020: Javadekar

The revised purchase price of 1,925 rupees per 100 kg for 2020 compares with 1,840 rupees a year ago, he said

wheat, grain, agriculture, farm
File photo: Wheat is seen in a field during sunset
Reuters
1 min read Last Updated : Oct 23 2019 | 4:33 PM IST
Govt raised the price at which it buys new-season wheat from local farmers by 85 rupees, or 4.6%, Information and Broadcasting Minister Prakash Javadekar told reporters on Wednesday.
 
The revised purchase price of 1,925 rupees per 100 kg for 2020 compares with 1,840 rupees a year ago, he said.
 
India, the world's second-biggest rice and wheat producer, buys the grain from local farmers at state-set prices to build stocks to run a major food welfare programme.
 

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Topics :MSP hikewheat MSP

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