The increase of paddy MSP to ₹2,441 per quintal is a moderate but meaningful rise of ₹72 per quintal over the previous season. The decision aims to improve farmer incomes, support agricultural production, and ensure adequate paddy availability for the food security system. For rice mills, traders, and exporters, it provides greater supply certainty while also increasing procurement costs.
Key Fact: A farmer selling 1,000 quintals of paddy at MSP will earn ₹72,000 more than last year due to the revised MSP
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