Indian government is planning a price support scheme for paddy that it can’t afford.

The government is reportedly set to announce an increase of ?200 per quintal in the minimum support price (MSP) for paddy. This is the single highest increase in the MSP for paddy in a given year in India, besting the ?155 hike by the Congress in 2008-09. It is about to announce an increase of ?200 per quintal in the minimum support price (MSP) for paddy, bringing the overall MSP to 1,750.