Friday, April 27, 2007

CACP Recommends Huge Increase In Pulses MSP

New Delhi: Apart from an all-time-high increase of Rs 65 per quintal for paddy, the Commission for Agricultural Costs and Prices (CACP) has suggested big jumps in the minimum support price (MSP) of kharif pulses. For the ensuing 2007-08 crop, the CACP has recommended an MSP of Rs 1,550 per quintal for tur (arhar or pigeonpea) and Rs 1,700 per quintal for mung (green gram), against the corresponding Rs 1,410 and Rs 1,520 per quintal levels in 2006-07. The MSP increases suggested for oilseeds are more moderate: Rs 1,020-1,050 per quintal for yellow soyabean and Rs 1,520-1,550 per quintal for groundnut-in-shell.

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