Every year, Government fixes Minimum Support Prices (MSPs) for 22 mandated agricultural crops for the country as a whole, based on the recommendations of Commission for Agricultural Costs & Prices (CACP), after considering the views of State Governments and Central Ministries/Departments concerned.

The Union Budget for 2018-19 had announced the pre-determined principle to keep MSPs at levels of at least one and half times of the cost of production. Accordingly, Government had increased MSPs for all mandated Kharif, Rabi and other Commercial crops with a minimum return of 50 percent over all India weighted average cost of production from year 2018-19 onwards. The details of increased MSP in the year 2025-26 as compared to the year 2015-16 are given at Annexure.

Increased MSP has benefited farmers of the country which are evident from data of procurement and MSP amount paid to the farmers.The details of procurement and MSP amount paid to farmers during 2024-25 (Crop Year) are given as under:

 

Annexure

Minimum Support Price

(Marketing Season-wise)(₹/quintal)

KMS- Kharif Marketing Season

RMS- Rabi Marketing Season

This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Ramnath Thakur in a written reply in Lok Sabha today.

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RC/AR

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