Cabinet approves MSP for Kharif Crops for Marketing Season 2024-25, MSP for Paddy up by 117 per quintal
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
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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 |
|
