Giving a major boost to the income of farmers, the Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the increase in the Minimum Support Prices (MSPs) for all kharif crops for 2018-19 Season.
Minimum support price is a form of market intervention by the government to insure farmers against any sudden fall in agricultural produce prices. The MSP is a guaranteed price for their produce from the State.
The Minimum Support Prices (MSPs) for all kharif crops of 2018-19 season have been increased as follows:
| Commodity
|
Variety
|
MSP for 2017-18 Season
|
MSP approved for 2018-19 Season
|
|
| Paddy
|
Common
|
1550
|
1750
|
|
| Grade A
Grade A
|
1590
|
1770
|
||
| Jowar
|
Hybrid
|
1700
|
2430
|
|
| Maldandi
Maldandi
|
1725
|
2450
|
||
| Bajra
|
–
|
1425
|
1950
|
|
| Ragi
|
–
|
1900
|
2897
|
|
| Maize
|
–
|
1425
|
1700
|
|
| Arhar(Tur)
|
–
|
5450
|
5675
|
|
| Moong
|
–
|
5575
|
6975
|
|
| Urad
|
–
|
5400
|
5600
|
|
| Groundnut
|
–
|
4450
|
4890
|
|
| Sunflower Seed
|
–
|
4100
|
5388
|
|
| Soyabean
|
–
|
3050
|
3399
|
|
| Sesamum
|
–
|
5300
|
6249
|
|
| Nigerseed
|
–
|
4050
|
5877
|
|
| Cotton
|
Medium Staple
|
4020
|
5150
|
|
| Long Staple
|
4320
|
5450
|
