New Delhi: Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi on Wednesday approved the Minimum Support Prices (MSP) for all mandated Kharif crops for marketing season 2021-22.
Government has increased the MSP of Kharif crops for marketing season 2021-22, to ensure remunerative prices to the growers for their produce. The highest absolute increase in MSP over the previous year has been recommended for sesamum (Rs. 452 per quintal) followed by tur and urad (Rs. 300 per quintal each). In case of groundnut and nigerseed, there has been an increase of Rs 275 per quintal and Rs 235 per quintal respectively in comparison to last year. The differential remuneration is aimed at encouraging crop diversification.
Under this approval, the MSP of common paddy has been increased from Rs 1868 to 1940 while price of grade ‘A’ paddy has been increased from Rs 1888 to Rs 1960.
Similarly, the MSP for hybrid Jowar has been increased from Rs 2620 to Rs 2738 whereas for Bajra, it is Rs 2250 from 2150, for Maize, the MSP is fixed to Rs 1870 with a slight increase of Rs 20 per quintal.
There has been an increase of Rs 300 per quintal in pulse like Urad and Arhar while Rs 79 has been increased for Moong pulse for the procurement of 2021-22.