The Madhya Pradesh authorities has announced Rs a hundred and sixty/quintal bonus for wheat growers over and above the minimal aid rate (MSP) of Rs 1,840/quintal.
The bonus is permitted via the nation cupboard as an incentive for wheat growers for increasing production and to offset the increase in value of production, a notification of nation agriculture department stated. The bonus fee might be made directly into the bank debts of farmers once they sell their produce in mandis and professional buy centres.
The new effective price of Rs 2,000/quintal may be the best in the u . S . For wheat as no different country has introduced bonus.
The Food Corporation of India is concentrated on to shop for 75 lakh tonne of wheat this yr from Madhya Pradesh for the principal pool stocks, compared to seventy three lakh tonne offered last yr.
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