The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the increase in the Minimum Support Prices (MSP) for Kharif Crops for Marketing Season 2024-25. MSP for Paddy incrfeased by Rs117 per quintal and it is fixed at Rs2300 per quintal. MSP for Paddy grade A will be Rs 2320 per quintal.
A PIB realease say that government has increased the MSP of Kharif Crops for Marketing Season 2024-25, to ensure remunerative prices to the growers for their produce. The highest absolute increase in MSP over the previous year has been recommended for oilseeds and pulses viz. nigerseed (Rs.983/- per quintal) followed by sesamum (Rs.632/- per quintal) and tur/arhar (Rs.550/- per quintal).
Minimum Support Prices for all Kharif crops for Marketing Season 2024-25
Rs. per quintal
|
Crops |
MSP |
Cost* KMS |
Margin over |
MSP |
MSP Increase |
||
|
Cereals |
|||||||
|
|
|
|
|
|
|||
|
Paddy |
Common |
2300 |
1533 |
50 |
2183 |
117 |
|
|
Grade A^ |
2320 |
- |
- |
2203 |
117 |
||
|
Jowar |
Hybrid |
3371 |
2247 |
50 |
3180 |
191 |
|
|
Maldandi" |
3421 |
- |
- |
3225 |
196 |
||
|
Bajra |
2625 |
1485 |
77 |
2500 |
125 |
||
|
Ragi |
4290 |
2860 |
50 |
3846 |
444 |
||
|
Maize |
2225 |
1447 |
54 |
2090 |
135 |
||
|
Pulses |
|
|
|
|
|
||
|
Tur /Arhar |
7550 |
4761 |
59 |
7000 |
550 |
||
|
Moong |
8682 |
5788 |
50 |
8558 |
124 |
||
|
Crops |
MSP |
Cost* KMS |
Margin over |
MSP |
MSP Increase |
|
|
|
|
|
|
|||
|
Urad |
7400 |
4883 |
52 |
6950 |
450 |
|
|
Oilseeds |
|
|
|
|
|
|
|
Groundnut |
6783 |
4522 |
50 |
6377 |
406 |
|
|
Sunflower Seed |
7280 |
4853 |
50 |
6760 |
520 |
|
|
Soybean (Yellow) |
4892 |
3261 |
50 |
4600 |
292 |
|
|
Sesamum |
9267 |
6178 |
50 |
8635 |
632 |
|
|
Nigerseed |
8717 |
5811 |
50 |
7734 |
983 |
|
|
Commercial |
|
|
|
|
|
|
|
Cotton |
(Medium Staple) |
7121 |
4747 |
50 |
6620 |
501 |
|
(Long Stapler |
7521 |
- |
- |
7020 |
501 |
|