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CABINET CLEARS MSP HIKE FOR 14 KHARIF CROPS

Why in News ? Union Cabinet approved raising the minimum support price (MSP) for paddy by 5.35% to ₹2,300 per quintal for the 2024-25 kharif marketing season. Source- IE About the News: The decision aligns with the government’s policy of setting MSPs at least 1.5 times above the cost of production. Election Context:The decision comes …

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