Cabinet approves Rs.2.79 trillion for rabi MSPs, green energy, Delhi traffic system
New Delhi, Sept. 30 -- The Union cabinet on Wednesday raised minimum support prices (MSPs) for all mandated rabi crops for the 2027-28 (April-March) marketing season, with safflower getting the biggest increase, while also approving a Rs.1.86 trillion plan to expand the power grid and a Rs.1,790 crore project to overhaul Delhi's traffic management system.
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the higher MSPs, which the government said would result in a payout of Rs.90,962 crore to farmers growing wheat, barley, gram, rapeseed and mustard, and safflower, among other crops, Union information and broadcasting minister Ashwini Vaishnaw said at a press briefing.
Safflower received...
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