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Feb 6, 2024 · The Government of India fixes Minimum Support Price (MSP) for 22 mandated agricultural crops on the basis of the recommendations of the Commission for Agricultural Costs & Prices (CACP), views of State Governments and Central Ministries/Departments concerned.
The minimum support price (MSP) is the minimum price for select crops raised in kharif and rabi seasons that the Government of India considers as remunerative for farmers and hence deserves support. This is different from procurement price and issue price.
Apr 24, 2023 · Minimum support Price (MSP) as on 18.10.2023: Download File (English) 979 KB Download File (Hindi) 955 KB: Minimum support Price (MSP) as on 05-07-2023: Download File (English) 1 MB Download File (Hindi) 1,015 KB: MSP for Kharif Crops for 2023-24 Marketing Season. Download File (English) 1 MB Download File (Hindi) 1,015 KB: Minimum support ...
The Minimum Support Prices (MSPs) for wheat and paddy are fixed by the Department of Agriculture & Cooperation on the recommendations of the CACP. Since 2013-14 to 2023-24 (marketing seasons) Minimum Support Prices (MSPs) are as under:-
Sep 6, 2023 · How Does Minimum Support Price (MSP) Benefit Farmers? Income Security: MSP guarantees farmers a minimum price for their crops, ensuring a stable income and protecting them from market price fluctuations.
The MSP for Paddy has gone from Rs 1360 per quintal in 2014-15 to Rs 1940 per quintal in 2021-22, a 43% increase. The MSP for Wheat has gone from Rs 1450 per quintal in 2014-15 to Rs 2015 per quintal in 2021-22, a 39% increase.
Feb 24, 2022 · During each cropping season, the government announces minimum support prices for 23 crops. Simply put, the MSP for a crop is the price at which the government is supposed to procure/buy that crop from farmers if the market price falls below it.
