Cabinet Decisions: Major boost to Farmers' income | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / HEADLINES / INDIA / Cabinet Decisions: Major boost to Farmers’ income

Cabinet Decisions: Major boost to Farmers’ income

Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs has approved the increase in the Minimum Support Prices for all kharif crops for 2019-20 Season. The move will lead to increased investment and production through assured remunerative prices to the farmers.

For the kharif crops of 2019-20, Government has increased the MSPs of soyabean by Rs 311 per quintal, sunflower by Rs 262 per quintal and sesamum by Rs 236 per quintal which is a major step towards increasing the income of farmers…Government has increased the MSPs of tur dal by Rs.125 per quintal and uraddal by Rs.100 per quintal. This will help address the issues related to requirement of pulses in view of the need to meet the nutritional security and protein requirements of a large section of population…For cotton (medium staple) and cotton (long staple), the MSP has been increased by Rs. 105 per quintal and Rs. 100 per quintal respectively…

The highest percentage return to farmers over their cost of production is for Bajra (85%) followed by urad (64%) and tur (60%).

The Union Cabinet has also approved the proposal for leasing out of three airports viz. Ahmedabad, Lucknow and Mangaluru of Airports Authority of India through Public Private Partnership..These projects will bring efficiency in delivery, expertise, enterprise and professionalism apart from harnessing the needed investments in the public sector…This will also result in enhanced revenues to the AAI.

The Union Cabinet has given ex-post facto approval for the MoU between India and Maldives for the establishment of passenger and cargo services by sea..which was signed on June 8, 2019 during the visit of Prime Minister of India to Maldives…

The Union Cabinet has given ex-post-facto approval to the Memorandum of Understanding between the Government of the Republic of India and the Government of the Republic of Maldives on cooperation in the field of Health signed on 08th June, 2019…

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for Grant of Organized Group ‘A’ Service to Group ‘A’ Executive Cadre Officers of Central Armed Police Forces and extension of benefit of Non-Functional Financial Upgradation and Non-Functional Selection Grade.

Cabinet also approved MoU between India and Maldives for Shipping.

 

Please share this news