Minimum Support Prices (MSPs)
MSP is the guaranteed ‘minimum floor price’ that farmer must get from the government in case the market price of the crops falls below the MSP.
*Projected Crop: Avg amount of money required to produce one quintal of a given crop.
for Kharif Marketing Season (KMS) 2023-24
Crops |
Projected Cost KMS 2023-24 (Rs/q) |
MSP (Rs/q) |
Paddy (Common) |
1,245 |
1,868 |
Paddy (Grade A) |
- |
1,888 |
Jowar (Hybrid) |
1,746 |
2,620 |
Jowar (Maldandi) |
- |
2,640 |
Bajra |
1,175 |
2,150 |
Ragi |
2,194 |
3,295 |
Maize |
1,213 |
1,850 |
Tur (Arhar) |
3,796 |
6,000 |
Moong |
4,797 |
7,196 |
Urad |
3,660 |
6,000 |
Groundnut |
3,515 |
5,275 |
Sunflower Seed |
3,921 |
5,885 |
Soybean (yellow) |
2,587 |
3,880 |
Sesamum |
4,570 |
6,855 |
Nigerseed |
4,462 |
6,695 |
Cotton (Medium Staple) |
3,676 |
5,515 |
Cotton (Long Staple) |
- |
5,825 |
for Rabi Marketing Season (RMS) 2022-23
Crops |
Projected Cost RMS 2020-21 (Rs/q) |
MSP (Rs/q) |
Wheat |
923 |
1,925 |
Barley |
919 |
1,525 |
Gram |
2,801 |
4,875 |
Lentil |
2,727 |
4,800 |
Rapeseed & Mustard |
2,323 |
4,425 |
Safflower |
3,470 |
5,215 |