Daily Current Affairs 2025, Date wise Current Affairs | Current Affairs in English and Hindi

Get the Daily and Latest Current Affairs 2025 on our website. These current affairs are Updated by our specialists and are relevant for all competitive tests UPSC, SSC, IAS, Railway-RRB, UPPSC, and Other State Government and Central Jobs/Exams.


Government Hikes MSP for Kharif Crops for 2024-25 Marketing Season

Category : Miscellaneous
Published on: June 21 2024 Share on facebook

  • The MSP for most Kharif crops has seen a substantial increase compared to the previous season (2023-24). For example, Tur/Arhar has an increase of Rs. 550 per quintal, Ragi has increased by Rs. 444 per quintal, and Sunflower seed by Rs. 520 per quintal.
  • Bajra has the highest margin over the cost of production at 77%, followed by Tur/Arhar at 59%, Maize at 54%, and Urad at 52%. The rest of the crops have a margin of 50% over their cost of production.
  • The government has adhered to its 2018-19 budget announcement, ensuring that the MSP for each crop is at least 1.5 times the All-India weighted average cost of production. 
  • This policy aims to provide a reasonable profit margin to farmers and encourage agricultural productivity.
  • MSP has been differentiated for various grades within the same crop. For example, the MSP for Paddy Common is Rs. 2300 per quintal, while for Paddy Grade A, it is Rs. 2320 per quintal. 
  • Similarly, for Jowar, the MSP is differentiated between the Hybrid (Rs. 3371 per quintal) and Maldandi (Rs. 3421 per quintal) varieties. 
  • This distinction helps in catering to the quality variations and market demand for different grades of crops.
Recent Post's
  • India ranks 9th globally in forest area and 3rd in annual forest gain due to successful afforestation and community conservation initiatives.

    Read More....
  • NITI Aayog and DP World launch ‘We Rise’ to mentor 100 women-led MSMEs and promote their global trade and exports.

    Read More....
  • Bolivia elects center-right Rodrigo Paz as president, ending 20 years of socialist rule and promising economic reforms and decentralization.

    Read More....
  • US and Australia sign $8.5B deal to boost rare earths supply, reduce reliance on China, and secure critical minerals.

    Read More....
  • Sanae Takaichi becomes Japan’s first female PM, implementing Abenomics-style reforms and conservative social and defense policies.

    Read More....
  • Transgender activist Akkai Padmashali joins Supreme Court committee as first transgender member to draft national inclusion policy.

    Read More....
  • Max Verstappen wins 2025 US Grand Prix from pole, narrowing Piastri’s lead and keeping the F1 championship race alive.

    Read More....
  • India upgrades its Kabul mission to a full embassy to enhance development, aid, and strategic engagement while not recognizing Taliban.

    Read More....
  • Ayodhya’s Deepotsav 2025 sets Guinness records with 26 lakh diyas and 2,128 priests performing synchronized Maha Aarti.

    Read More....
  • Tuvalu becomes 90th IUCN member, gaining global support for conservation, climate adaptation, and biodiversity protection.

    Read More....