Mumbai, Dec 10 (PTI) Maharashtra Chief Minister Uddhav Thackeray has approved a proposal to give a subsidy of Rs 500 per quintal (100 kg) to paddy cultivators.

According to an official statement here on Tuesday, the central government has decided the minimum support price (MSP) for paddy, but there has been a rise in input cost of the key kharif crop.

Hence, Thackeray approved the proposal that aims to give relief to paddy farmers, the statement said.

In July this year, the Centre hiked the MSP for paddy marginally by Rs 65 per quintal to Rs 1,815 for the 2019-20 crop year.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)