Budget 2018-19: Focus on agriculture, MSP to be 1.5 times of cost

Budget 2018-19: Focus on agriculture, MSP to be 1.5 times of cost

New Delhi: Union Finance Minister Arun Jaitley presenting the Union Budget 2018-19 at Parliament on Feb. 1, 2018. (Photo: Video Grab/IANS)

New Delhi: Arun Jaitley, Union Minister of Finance with Pratap Shukla, MOS (Finance), Pon. Radhakrishnan, MOS (Finance), Dr. Hasmukh Adhia, Finance Secretary and other officials at Finance Ministry before leaving for Parliament to present the Budget 2018-19 in Parliament on Feb. 1, 2018. (Photo: IANS)

Feb 1 (IANS) In line with the expected thrust on the farm sector in Budget 2018-19, Finance Minister Arun Jaitley on Thursday announced that the minimum support price (MSP) for all agriculture produce would be fixed at a level to ensure the farmer a minimum return of one and a half times over the production cost.Presenting the Budget for the next fiscal, Jaitley said this measure would go a long way to realise the government's goal of doubling farmers' income by 2022.--IANSbc/vm

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