![Govt likely to increase MSP by 5-20% for summer crops](https://market-tracker.in/wp-content/uploads/2022/06/Kharif-crops-sowing-grows-5.71-this-year-1.jpg)
Govt likely to increase MSP by 5-20% for summer crops
Central government may announce increases in minimum support prices (MSP) for the summer crops in 2022-23 year soon, taking into consideration a sharp rise in costs of farming inputs. The MSP increases this year could roughly be in the range of 5-20%, the highest since 2018-19 when a new policy of 50% profits over computed…