Wheat MSP up, nod for textile scheme

The government on Wednesday hiked the minimum support price for wheat by Rs 40 to Rs 2,015 per quintal to boost production as well as farmers’ income and asserted that the system of purchasing crops at support prices will continue.

The government on Wednesday hiked the minimum support price for wheat by Rs 40 to Rs 2,015 per quintal to boost production as well as farmers’ income and asserted that the system of purchasing crops at support prices will continue. The Cabinet also approved the production-linked incentive (PLI) scheme worth Rs 10,683 crore for textiles sector with an aim to boost domestic manufacturing and exports.