Niti Aayog holds discussion with states on the new MSP formula

During his Budget speech earlier this year, finance minister Arun Jaitley had announced that farmers producing kharif crops would be entitled to a minimum support price (MSP) which is at least 50 percent higher than their cost of production. Today government think tank Niti Aayog met representatives from various state governments to discuss the new MSP mechanism.

Watch the interview of Siraj Hussain, Former Agri Secy with Manisha Gupta of CNBC-TV18, where he shared his views on the Niti Aayog meeting.

Also watch accompanying video of Rajiv Kumar, VC of Niti Aayog and CNBC-TV18’s Manisha Gupta and Ashpreet Sethi with the details of the meeting.