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The Centre is not in favour of reworking the MSP for paddy or other crops, ET gathers. The agriculture ministry holds that the fixed MSP which provides at least 50% return over all India weighted average cost of production is a benefit to farmers across the country. Raising the price of crops simply to make them competitive with rice could result in a distortion of market prices and it would be inappropriate to resort to such a measure for one state.
The purchase at the minimum support price will give a boost to the cultivation of coarse grains which are eco-friendly, climate resistant and powerhouse of nutrients, the official said, adding that the strategy will play a significant role in crop diversification and enhancing nutrition in dietary patterns.