In order to support the farmers, the Centre on 5th November 2015 hiked the price  for masoor and gram dals sharply by Rs 250 a quintal each to boost production in the ongoing rabi season.

Apart from raising the minimum support price (MSP) of pulses, the Cabinet Committee on Economic Affairs (CCEA) approved a bonus of Rs 75 per quintal for gram and masoor dals over and above the support price. has been increased by Rs 75 to Rs 1,525 a quintal for the 2015-16 from 1450 a Quintal last year.

Advantage:

• The jump in prices of pulses- MSP will encourage cultivation of pulses.
• It will reduce dependence on imports.

About Cabinet Committee on Economic Affairs (CCEA)

• Abbreviation: CCEA
• Function: is to review economic trends on a continuous basis, as also the problems and prospects, with a view to evolving a consistent and integrated economic policy framework for the country.
• CCEA was reconstituted on 19th June 2014.