Lok Sabha Question No. 472 (UNSTARRED), answered on 2024-02-06
Subject: MSP for various Crops
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: Dushyant Singh

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE AND FARMERS WELFARE

## LOK SABHA

## UNSTARRED QUESTION NO.472

TO BE ANSWERED ON THE 06 th  FEBRUARY, 2024

## MSP FOR VARIOUS CROPS

## 472. SHRI DUSHYANT SINGH:

Will the Minister of AGRICULTURE AND FARMERS WELFARE be pleased to state:

- (a)  whether  the  Government  has  announced  Minimum  Support  Price  (MSP)  for  various crops for year 2024-25;
- (b) if so, the details thereof, crop-wise along with its comparison of Increase/Decrease with last two years i.e. 2022-23, 2023-24; and
- (c)  whether the  Government is considering to enact any law for the guaranteed Minimum Support Price for farmers and if so, the details thereof?

## ANSWER

## THE MINISTER OF AGRICULTURE AND FARMERS WELFARE क ृ िषएवंिकसानकʞाणमंũी (SHRI ARJUN MUNDA)

(a) to (c): 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.  Government  in  its  Union  Budget  for  2018-19  had  announced  the  predetermined  principle  to  keep  MSP  at  levels  of  one  and  half  times  of  the  cost  of production. Accordingly, MSPs for all mandated crops kharif, rabi and other commercial crops have been increased with a return of at least 50 percent over all India weighted average cost of production from the  agricultural  year  2018-19.The  crop  wise  details  of MSP  announced  for  the  mandated  crops  in  the  last  three  years  along  with  absolute increase in 2022-23 and 2023-24 are given at Annexure .

To  realize  the  objectives  of  MSP  Policy,  Government  extends  price  support  for paddy and wheat through the Food Corporation of India (FCI) and State Agencies. Under this policy food grains offered by farmers within the stipulated period & conforming to the specifications prescribed by Government are purchased at MSP  by the State

Government agencies and FCI for Central Pool. Additionally, Oilseeds, pulses and copra of Fair Average Quality (FAQ) are procured from registered farmers under Price Support Scheme  under  Umbrella  Scheme  of  PM-AASHA,  as  per  its  guidelines  at  MSP  in consultation with the concerned State Governments, when market price of these produce fall below the MSP. Cotton and Jute are also procured by Government at MSP through Cotton  Corporation  of  India  (CCI)  and  Jute  Corporation  of  India  (JCI),  respectively. Government's  price  policy  is  to  ensure  remunerative  prices  to  farmers  by  offering  to procure  their  produce  at  MSP.  However,  farmers  are  free  to  sell  their  produce  to  the Government  procurement  agencies  at  MSP  or  in  the  open  market,  whichever  is advantageous to them.

The  procurement  of  foodgrain  has  increased  from  761.40  lakh  metric  tonnes  in 2014-15  to  1062.69  lakh  metric  tonnes  in  2022-23,  benefitting  more  than  1.6  crore farmers.  The  expenditure  incurred  (at  MSP  values)  on  procurement  of  foodgrains increased from 1.06 lakh crores to 2.28 lakh crores, during the same period.

## Annexure referred to in reply to part (a) to (c) of Lok Sabha Unstarred Question No. 472 due for reply on 06.02.2024

## Minimum Support Prices (MSP) (Rs. per quintal)

| Sl. No.     | Commodity             | Variety       | 2021- 22   | 2022- 23   | 2023- 24   | increase in MSP 2022- 23 over 2021-22   | increase in MSP 2023- 24 over 2022-23   |
|-------------|-----------------------|---------------|------------|------------|------------|-----------------------------------------|-----------------------------------------|
| KHARIF      | CROPS                 |               |            |            |            |                                         |                                         |
| 1           | PADDY                 | Common        | 1940       | 2040       | 2183       | 100                                     | 143                                     |
|             |                       | Grade 'A'     | 1960       | 2060       | 2203       | 100                                     | 143                                     |
| 2           | JOWAR                 | Hybrid        | 2738       | 2970       | 3180       | 232                                     | 210                                     |
|             |                       | Maldandi      | 2758       | 2990       | 3225       | 232                                     | 235                                     |
| 3           | BAJRA                 |               | 2250       | 2350       | 2500       | 100                                     | 150                                     |
| 4           | RAGI                  |               | 3377       | 3578       | 3846       | 201                                     | 268                                     |
| 5           | MAIZE                 |               | 1870       | 1962       | 2090       | 92                                      | 128                                     |
| 6           | TUR (ARHAR)           |               | 6300       | 6600       | 7000       | 300                                     | 400                                     |
| 7           | MOONG                 |               | 7275       | 7755       | 8558       | 480                                     | 803                                     |
| 8           | URAD                  |               | 6300       | 6600       | 6950       | 300                                     | 350                                     |
| 9           | GROUNDNUT             |               | 5550       | 5850       | 6377       | 300                                     | 527                                     |
| 10          | SUNFLOWER SEED        |               | 6015       | 6400       | 6760       | 385                                     | 360                                     |
| 11          | SOYABEEN (yellow)     |               | 3950       | 4300       | 4600       | 350                                     | 300                                     |
| 12          | SESAMUM               |               | 7307       | 7830       | 8635       | 523                                     | 805                                     |
| 13          | NIGERSEED             |               | 6930       | 7287       | 7734       | 357                                     | 447                                     |
| 14          | COTTON                | Medium Staple | 5726       | 6080       | 6620       | 354                                     | 540                                     |
|             |                       | Long Staple   | 6025       | 6380       | 7020       | 355                                     | 640                                     |
|             | RABI CROPS            |               |            |            |            |                                         |                                         |
| 15          | WHEAT                 |               | 2015       | 2125       | 2275       | 110                                     | 150                                     |
| 16          | BARLEY                |               | 1635       | 1735       | 1850       | 100                                     | 115                                     |
| 17          | GRAM                  |               | 5230       | 5335       | 5440       | 105                                     | 105                                     |
| 18          | MASUR (LENTIL)        |               | 5500       | 6000       | 6425       | 500                                     | 425                                     |
| 19          | RAPESEED & MUSTARD    |               | 5050       | 5450       | 5650       | 400                                     | 200                                     |
| 20          | SAFFLOWER             |               | 5441       | 5650       | 5800       | 209                                     | 150                                     |
| OTHER CROPS |                       |               |            |            |            |                                         |                                         |
| 21          | COPRA (Calendar Year) | Milling       | 10335      | 10590      | 10860      | 255                                     | 270                                     |
|             |                       | Ball          | 10600      | 11000      | 11750      | 400                                     | 750                                     |
| 22          | JUTE                  |               | 4500       | 4750       | 5050       | 250                                     | 300                                     |

Note: Government has announced MSP for Milling Copra at ₹ 11160/- per quintal and for Ball Copra at ₹12000.00 per quintal for 2024 season.

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