Punjab farmers demand Rs 5000/quintal MSP for basmati rice

The farmers are protesting against the low price and are demanding a Minimum Support Price (MSP) of Rs 4200 to Rs 5000 per quintal from the government.

October 20, 2015 / 22:44 IST

With untimely and scare rains being observed in India, farmers in the agricultural state of Punjab are facing huge issues with the declining price of Basmati rice.

The oversupply of Basmati rice in international markets, issues on quality and decreasing demand have all pushed down the price of rice just when farmers were expecting it to fetch more.

The farmers are protesting against the low price and are demanding a Minimum Support Price (MSP) of Rs 4200 to Rs 5000 per quintal from the government.

first published: Oct 20, 2015 10:37 pm

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