New Delhi, May 28 -- The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday took a series of decisions, including raising the Minimum Support Price for kharif crops, and extension of interest subvention scheme for farmers.

The Union Cabinet also announced railway projects that will benefit Maharashtra and Madhya Pradesh, besides a four-lane highway in the coastal state of Andhra Pradesh.

Coming to the MSP for kharif crops, the government, every year, revises the MSP of key kharif crops ahead of the sowing by farmers, to ensure remunerative prices to the growers for their produce.

This year, the highest absolute increase in MSP over the previous year has been recommended for nigerseed (Rs 820 per quintal) followed by R...