Cabinet approves 50% profit over input cost for rabi crops

Vartha Bharati | 03-10-2018 | 20:04:00 IST

New Delhi, Oct 3 : With Assembly elections in Madhya Pradesh, Rajasthan and Chhattisgarh round the corner, the Centre on Wednesday announced a steep increase in the MSP for winter-sown crops, including Rs 1,840 per quintal for wheat and Rs 4,620 for gram.

The Union Cabinet chaired by Prime Minister Narendra Modi approved the Minimum Support Price (MSP) for notified Rabi crops for 2018-19, which would give additional returns of Rs 62,635 crore to farmers.

Compared with the MSP announced last year, the assured prices for this rabi season has been increased by Rs 105 per quintal for wheat, Rs 845 for safflower, Rs 200 for rapeseed and mustard, Rs 30 for barley, Rs 225 for masur and Rs 220 for gram.

Addressing a press conference here, Union Agriculture Minister Radha Mohan Singh said that the MSP for wheat would provide 112.5 per cent profit over its production cost of Rs 866 per quintal.

For barley, the MSP is Rs 1,440 per quintal as against the production cost of Rs 860 per quintal, which gives a return of 67.4 per cent, he added.

For gram, the cost of production is Rs 2,637 per quintal whereas the new MSP is Rs 4,620 per quintal, giving a profit of 75.2 per cent.

The MSP for masur will be Rs 4,475 per quintal as against the production cost of Rs 2,532 per quintal, a profit of 76.7 per cent.

For rapeseed and mustard, the MSP is Rs 4,200 per quintal as against the production cost of Rs 2,212, a return of 89.9 per cent.

For safflower, the cost of production is Rs 3,294 per quintal whereas the MSP is Rs 4,945 per quintal, ensuring a profit of 50.1 per cent.

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Seven killed after being run over by truck in Gujarat's Surendranagar

13-04-2026 ¦ 13-04-2026 IST

Photo credit: NDTV

Surendranagar (PTI): Seven persons were killed and some others suffered injuries after being run over by a speeding truck on a roadside in Gujarat's Surendranagar district in the wee hours of Monday, police said.

The incident occurred on the Lakhtar-Viramgam highway at around 1.30 am when a group of pilgrims was walking from Rajkot to Bahucharaji as part of a procession to offer prayers at a temple, Lakhtar police inspector Yogesh Patel said.

A recklessly driven truck ran over the devotees on the outskirts of Bhaskarpara village in Lakhtar taluka of the district. Six pilgrims and the driver of a dumper parked on the roadside were killed, he said, adding that the deceased included four women.

The number of persons injured was not yet clear, the official said.

"The pilgrims were walking when they met with the accident. They had set out on foot to offer prayers at a temple in Bahucharaji when they were hit by a truck coming at full speed from behind," he said.

The truck driver fled the spot and efforts were underway to nab him, the official added.