News18 » Videos » News18 Shorts

Union Govt Hikes MSP For Kharif Crops, Infuses Rs 20,000 Crore In MSMEs

Jun 01, 2020 08:24 PM IST India India

PM Modi chaired a meeting of the Union Cabinet on June 1 as the country shift gears for Unlock 1.0. The cabinet approved an increased minimum support price for 14 Kharif crops. This will enable farmers to get a price 50-83% more than the cost. The Union govt announced Rs 20,000 crore distressed asset fund for MSMEs.This fund will benefit nearly two lakh MSMEs.