Arunachal welcomes increase in MSP: Mein

ITANAGAR, Jul 4: Deputy Chief Minister, Chowna Mein said that the government of Arunachal Pradesh welcomed the increase in the Minimum Support Price (MSPs) for all kharif crops for 2018-19 season, that was approved by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister, Narendra Modi today.
Terming the decision of the CCEA as a “historic one”, he said that it will help to achieve the objective of doubling farmer’s income by 2022 and will give much succour to the farmers.
The decision of the CCEA is a historic one as it redeems the promise of the pre-determined principle of fixing the MSPs at a level of at least 150 percent of the cost of production announced by the Union Budget for 2018-19. The Commission for Agricultural Costs and Prices (CACP) has recommended MSPs for all kharif crops broadly in line with the announced principle, Mein said.