Time to reform wheat

The Union Cabinet’s decision to raise the minimum support price ( MSP) of wheat by five per cent for the current rabi season defies logic in several respects. For one, the effective increase of Rs 65 per quintal conforms neither to the recommendation of the Commission for Agricultural Costs and Prices ( CACP), which wanted the MSP to be frozen at last year’s level, nor to the agriculture ministry’s suggestion, which favoured a step-up of Rs 100 a quintal.

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