Agriculture
Exclusive: Niti Aayog estimates new MSP mechanism cost between Rs 30,000-40,000 crore
Updated : May 18, 2018 06:36 PM IST
The new MSP mechanism cost will be in addition to the the food subsidy budgeted at Rs 1,60,000 crore for FY19.
Finance Ministry expresses concern on fiscal impact, asks agricultural ministry and NITI to rework the numbers.


Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.

To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more