IN NEWS: Centre raises minimum support prices for Rabi crops, farmers unhappy
- The Cabinet Committee on Economic Affairs (CCEA) has increased the Minimum Support Prices (MSP) for all Rabi crops for the financial year 2024-25.
- The increase for wheat, the major Rabi crop, is ₹150 per quintal and the new price will be ₹2,275.
- The highest increase in MSP compared with last year is for lentils (masur) at ₹425 per quintal (new price: ₹6,425 per quintal) followed by rapeseed and mustard at ₹200 per quintal (new MSP: ₹5,650 per quintal).
- For wheat and safflower, the increase is ₹150 per quintal (₹2,275 and ₹5,800 per quintal, respectively). For barley (new MSP: ₹1,850) and gram (new MSP: ₹5,440), the increase is ₹115 and ₹105 per quintal, respectively.
- MSP did not match the increase in input costs. Fertilizers and diesel prices have increased.
MSP Crops
- Government announces minimum support prices (MSPs) for 22 mandated crops and fair and remunerative price (FRP) for sugarcane.
- The mandated crops are 14 crops of the kharif season, 6 rabi crops and two other commercial crops.
The lists of crops are as follows
- Cereals (7) – paddy, wheat, barley, jowar, bajra, maize and ragi
- Pulses (5) – gram, arhar/tur, moong, urad and lentil
- Oilseeds (8) – groundnut, rapeseed/mustard, toria, soyabean, sunflower seed, sesamum, safflower seed and niger seed ● Raw cotton ● Raw jute ● Copra ● De-husked coconut ● Sugarcane (Fair and remunerative price) ● Virginia flu cured (VFC) tobacco
RABI CROPS (Rabi Marketing Season (RMS) 2024-25)
- Wheat ,Barley ,Gram, Masur (Lentil) ,Rapeseed & Mustard, Safflower ,Toria.