Status of MSP of Essential Crops

Union Minister of Agriculture and Farmers Welfare, Shri Narendra Singh Tomar has informed that Government has increased Minimum Support Price (MSP) for 22 mandated Kharif, Rabi and other commercial crops with at least 50 per cent margin over the all-India weighted average cost of production from 2018-2019. Details of MSP fixed by the Government since 2018-19 are given at Annexure.

National Statistical Office (NSO) conducted 77^th round of Situation Assessment Survey (SAS), 2019 of Agricultural Households, in the rural areas to estimate average monthly income per agriculture household by sources such as income from wages and leasing out of land, net receipt from crop production and farming of animals and non-farm business. Besides, Government has adopted several developmental programmes, schemes, reforms and policies for achieving higher incomes for the farmers which are as follows:

(i) Supplementary income transfers under PM-KISAN,

(ii) Crop insurance under Pradhan Mantri Fasal Bima Yojna (PMFBY),

(iii) Better access to irrigation under Pradhan Mantri Krishi Sinchai Yojana (PMKSY),

(iv)  Creation of infrastructure through Agri Infrastructure Fund (AIF) with a size of Rs. 100,000 crores.

(v) Kisan Credit Cards (KCC) offering production loans to farmers

(vi)  Formation and promotion of 10,000 FPOs,

(vii) National Mission for Sustainable Agriculture (NMSA), which aims to evolve and

implement strategies to make Indian agriculture more resilient to the changing climate.

(viii) Adoption of drone technologies in agriculture which has a potential to revolutionize the Indian agriculture.

(ix) Benefits accruing under Bee-Keeping, Rashtriya Gokul Mission, Blue Revolution,

Interest Subvention Scheme, agro-forestry, restructured bamboo mission, implementation of new generation watershed guidelines, etc.

Annexure

Minimum Support Price (MSP) of Mandated Crops

 (MSP in ₹ per quintal)