Assam Govt Announces Bonus for Farmers Over MSP Starting April 1

The Assam government has announced an additional financial bonus for rice and mustard farmers, effective from April 1, to provide extra support above the Minimum Support Price (MSP) per quintal.

Chief Minister Himanta Biswa Sarma made the announcement after a cabinet meeting at Lok Sewa Bhawan in Guwahati on Thursday. He revealed that from next month, farmers will receive an extra ₹250 per quintal for rice and ₹500 per quintal for mustard, in addition to the current MSP.

“This is the first time in Assam’s history that a cabinet has decided to offer a bonus over the MSP. We hope this will encourage more young people to take up farming,” Sarma said.

The chief minister explained that with this additional bonus, rice farmers will now receive ₹2,550 per quintal, while mustard farmers will earn ₹6,450 per quintal. He noted that in 2021, rice farmers received just ₹600 per quintal, and in just four years, that amount has risen significantly to ₹2,550, which he called a positive development.

Sarma further clarified that this bonus will not be affected by fluctuations in the Centre’s MSP and is expected to increase in the future. “These additional amounts will be given to farmers regardless of the MSP set by the Centre, and once the Centre announces its MSP, farmers’ total earnings will only grow,” he added.