PM Modi to address rally in Punjab to mark MSP hike

ANI  |  Muktsar (Punjab) [India] 

will on Wednesday address a Kisan Kalyan rally in Punjab's district in the wake of recent hike in Minimum Support Price (MSP) of Kharif crops.

"Tomorrow I would be visiting to address a Kisan Kalyan Rally in Malout, district. Farmers from have an invaluable contribution in the growth of India's agriculture sector. I look forward to tomorrow's rally," the tweeted.

The rally will jointly be organised by the and in Malout.

chief and other important leaders will attend the rally.

The on July 4 approved the proposal to hike MSP by 50 per cent for 14 Kharif crops for the year 2018-19.

The meeting chaired by approved the proposal made by in the Budget 2018 of hiking the support price by one-and-a-half times of the production cost for Kharif crops.

MSP is referred to a price at which the government buys crops from the farmers, to protect agriculture producers from fall in farm prices.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 11 2018. 06:35 IST