New Delhi [India], June 1 (ANI): The Union Cabinet on Monday approved an increase in minimum support price (MSP) for the Kharif crops.

Briefing the media here on the Cabinet decisions, Agriculture Minister Narendra Singh Tomar said that the MSP has been increased for all mandated Kharif crops for marketing season 2020-21.

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The Cabinet also approved the extension of repayment date for short term loans for agriculture and allied activities by banks which have become due or shall become due between March 1, 2020, and August 31, 2020.

The decision has been taken in view of the situation created by COVID-19. (ANI)

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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)