With regard to the cabinet decision in July 2018, the percentage increase in Minimum Support Price (MSP) is maximum in which one of the following crops?
Jowar (Hybrid)
Bajra
Maize
Soya bean
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC CDS-2 – 2018
– The MSP for Bajra was increased significantly from ₹1,175 per quintal to ₹1,950 per quintal, a hike of ₹775 (approximately 65.96% increase) which the government then stated was a 97% increase accounting for cost of production (A2+FL cost). Using the simple MSP change percentage, it was still among the highest. Other options had smaller percentage increases.
– The MSP increase for Bajra was indeed the highest in percentage terms among the options provided and many other Kharif crops announced at that time.