Increase in Minimum Support Prices for Rabi Crops

Ministry of Agriculture &
Farmers Welfare

azadi ka amrit mahotsav

Increase in Minimum Support Prices for Rabi Crops

Posted On: 16 DEC 2022 6:29PM by PIB Delhi

Government has increased Minimum Support Prices (MSP) of 6 mandated Rabi crops for Rabi Marketing Season (RMS) 2023-24, on the basis of recommendation of Commission for Agricultural Costs & Prices (CACP), after considering the views of State Governments and Central Ministries/Departments concerned. The MSP for wheat now stands at 2125 ₹ per quintal; Barley 1735 ₹ per quintal; Gram 5335 ₹ per quintal; Masur 6000 ₹ per quintal; Rapeseed & Mustard 5450 ₹ per quintal and Safflower 5650 ₹ per quintal.Details of increase in MSP of 6 mandated rabi crops for the last three years and current year is as follow;

Annexure

Minimum Support Price (MSP) of mandated Agricultural Crops

(MSP in ₹ per quintal)

           Minimum Support Prices                        (₹ per quintal)

 Absolute Increase over previous year

Sl. No.

Commodity

2019-20

2020-21

2021-22

2022-23

2020-21

2021-22

2022-23

1

WHEAT

1925

1975

2015

2125

50

40

110

2

BARLEY

1525

1600

1635

1735

75

35

100

3

GRAM

4875

5100

5230

5335

225

130

105

4

MASUR (LENTIL)

4800

5100

5500

6000

300

400

500

5

RAPESEED & MUSTARD

4425

4650

5050

5450

225

400

400

6

SAFFLOWER

5215

5327

5441

5650

112

114

209

The country has witnessed emphatic growth in export of agri and allied commodities. As compared to the year 2015-16, the Agri and allied export has increased from 32.81 billion USD in 2015-16 to 50.24 billion USD in 2021-22 i.e. an increase of 53.1%.

The efforts of Government at positive implementation of these schemes have yielded remarkable results towards augmenting the income of the farmers. As part of the ‘Azadi ka Amrit Mahotsav’, Indian Council of Agricultural Research (ICAR) has released a book, which contains compilation of success stories of 75,000 farmers out of innumerable successful farmers who have increased their income more than two times.

This information was given by the Union Minister of Agriculture & Farmers’ Welfare, Shri Narendra Singh Tomar in a written reply in Rajya Sabha today.

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