As an AI language model, I can provide you with a well-written article on the Minimum Support Price (MSP) of wheat in the last four years and the current year. Here’s how the MSP of wheat has fluctuated over the past few years.
The Minimum Support Price (MSP) is the price at which the government buys crops from farmers. It is set by the government to ensure that farmers get an adequate return on their investment. Wheat is one of the major crops that the government procures at MSP, and it is an important food commodity in India.
In 2017-18, the MSP for wheat was Rs. 1,625 per quintal, which increased to Rs. 1,735 per quintal in 2018-19. In 2019-20, the MSP of wheat was hiked to Rs. 1,840 per quintal, an increase of Rs. 105 per quintal from the previous year. In 2020-21, the MSP for wheat was fixed at Rs. 1,925 per quintal.
There has been a constant increase in the MSP of wheat in the last four years. The government has been increasing the MSP to provide better returns to farmers and ensure food security. The MSP of wheat has been increased to ensure that farmers get a fair price for their produce.
The increase in MSP has been welcomed by farmers, but there are still concerns about the actual implementation of MSP. Farmers often complain that the government doesn’t purchase the entire crop at MSP. This leads to distress sales in the open market, and farmers are forced to sell their crops at lower rates than the MSP.
The government needs to ensure that the MSP is implemented in a transparent and efficient manner. The procurement process needs to be streamlined, and farmers should be paid promptly for their crops. This will not only help the farmers but will also ensure food security for the country.
In conclusion, the MSP for wheat has been increasing steadily in the last four years. It is essential for the government to ensure that the MSP is implemented efficiently to benefit the farmers and ensure food security.