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The Cabinet Committee on Economic Affairs (CCEA) has set _____ per quintal minimum support price (MSP) for paddy with A grade for marketing season 2020 - 2021.
1. Rs. 1,868
2. Rs. 1,888
3. Rs. 2,150
4. Rs. 2,640

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Correct Answer - Option 2 : Rs. 1,888

The correct answer is Rs. 1,888.

  • The Cabinet Committee on Economic Affairs (CCEA) has set Rs. 1,888 per quintal minimum support price (MSP) for paddy with an A grade for marketing season 2020 - 2021. 
  • The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all mandated Rabi crops for marketing season 2021-22.
  • This increase in MSP is in line with the recommendations of the Swaminathan Commission.
  • Currently, MSP for 23 crops is recommended by CACP, which comprise seven kinds of cereal (paddy, wheat, maize, sorghum, pearl millet, barley, and ragi), five pulses (gram, tur, moong, urad, lentil), seven oilseeds (groundnut, rapeseed-mustard, soybean, sesamum, sunflower, safflower, nigerseed), and four commercial crops 

MSPs of some important crops in India:

Crops MSP
Paddy 1888
Maize 1850
Wheat  1975
Jute 4225

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