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Govt to procure soyabean at MSP in Madhya Pradesh: Agriculture Minister

Business Standard LogoBusiness Standard10h ago

Govt to procure soyabean at MSP in Madhya Pradesh: Agriculture Minister - Business Standard

Quick Summary:

Union Agriculture Minister Shivraj Singh Chouhan on Wednesday said the government will procure soyabean at a minimum support price in Madhya Pradesh amid a fall in the rates below the MSP level.

Soyabean will be purchased at an MSP in Madhya Pradesh also, the minister said, asserting that the farming community is a priority for the government and he believes serving farmers is like worshipping God.

The procurement will be carried out under the Price Support Scheme (PSS) implemented by the agriculture ministry.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 16:24:27 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 194 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22458087

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 380 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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