TNPSC Current Affairs 2016 November, 16
1.Center has increased Minimum supporting price (MSP) for RABI crops which is sown in Winter.
Prime minister Narendra modi who chairs the Cabinet
Committee on Economic Affairs(CCEA) gave approval for increase the minimum
support prieces for all Rabi Crops of 2016-17
About the increase:
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There is a hike of Rs 100 per Quintal for Wheat
so the current value will be Rs 1625 Per Quintal for Wheat in 2016-17 against
1,525 per Quintal last year
The Minimum Supporting Price for Gram has increase from 3500 per
Quintal to 400 per Quintal in 2016-17 and Masur has been increased to Rs 3950
per Quintal from 3400 per Quintal.
The others like barley there is 8.2 percent hike,
rapesee, mustard 10.4 percent hike and safflower 12.1 percent hike from official
spokesperson.
The government will fix the MSP in the beginning
of the sowing the crops as per the recommendation of Commission of Agricultural
cost and Price(CACP)
MSP(Minimum Supporting Price) will help the producer against fall of price
during huge production, if the price is below MSP then the Government agencies
will purchase the products for MSP. If the price is more than the MSP then
the producer can sell it in Market price.
2. India And Israel signed in two important agreements
India and Israel agreed to work together in areas in Agriculture and Water resource management.
The visiting Israel President Reuven Rivlin and Prime minister Narendra Modi Said that both side will work to counter terrorism, radicalism and extremism.
Israel President Reuven Rivlin is the Second president to visit India in last 2 decades.
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