Haryana: First State to Buy All Crops from Farmers at MSP
| Aspect | Details |
|---|---|
| Event | Haryana becomes the first state to procure all crops at Minimum Support Price (MSP). |
| Announcement | Made by Haryana Chief Minister. |
| Key Announcements | - Waiving of Rs 133 crore in outstanding canal water irrigation charges. |
| - Payment of Rs 137 crore as compensation for crop damage in Rohtak, Nuh, Fatehabad, and Sirsa due to natural calamities before 2023. | |
| MSP Definition | Guaranteed amount paid to farmers when the government buys their produce. |
| MSP Decision Body | Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister. |
| MSP Recommendation | Commission for Agricultural Costs and Prices (CACP). |
| CACP Establishment | January 1965, under the Ministry of Agriculture and Farmers Welfare. |
| MSP Purpose | Ensure remunerative prices to growers and encourage crop diversification. |