न्यूनतम समर्थन मूल्य क्या है MSP Chart 2024, Minimum Support Price

न्यूनतम समर्थन मूल्य:- The government consistently works towards farmer development through various schemes, including those that ensure a minimum price for crops, known as the Minimum Support Price (MSP). This article aims to provide essential information about MSP 2024, covering its purpose, benefits, features, eligibility, and more. If you’re interested in gaining a comprehensive understanding of Niyuntam Samarthan Mulye, we invite you to read the article until the end for all the details.

What is Minimum Support Price?

The Minimum Support Price (MSP) is the government-set minimum value for crops, ensuring farmers receive no less when selling to the government. This price, applicable to 23 crops, encompasses 7 cereals (like paddy, wheat, maize, millet, jowar, ragi, and barley), 5 pulses (gram, arhar, urad, moong, and lentil), 7 oilseeds (rapeseed-mustard, groundnut, soybean, sunflower, sesame, safflower, nigerseed), and 4 commercial crops (cotton, sugarcane, copra, and raw jute).

MSP guarantees a subsidized price for both farmers and consumers. Announced annually, the Minimum Support Price is determined by the government based on recommendations from the Commission for Agricultural Costs and Prices, considering inputs from state governments and central departments.

न्यूनतम समर्थन मूल्य

In a recent update on September 14th, the Uttar Pradesh Cabinet approved the paddy procurement policy for the Kharif Marketing Year 2024 under the Price Support Scheme. This decision outlines a target to procure 70 lakh tonnes of paddy through multiple agencies and purchasing centers, including the Food Department and the Food Corporation of India. The policy emphasizes online registration of farmers, online paddy purchases, and biometric confirmation through electronic POS machines, enhancing transparency in the procurement process. Payments for paddy will be swiftly processed through the PFMS portal of the Central Government. Additionally, Farmer Producer Organizations (FPO) and Farmer Producer Companies (FPC) affiliated with Mandi Parishad are authorized to participate in procurement activities.

Minimum Support Price Overview

Scheme Name Minimum Support Price
Who started Central Government
Beneficiary Farmers of the country
Objective To provide a fair price for crops to farmers
Category Sarkari Yojana
Official Website https://dfpd.gov.in/
Year 2024

Objective of Minimum Support Price

The Minimum Support Price (MSP) aims to ensure that farmers receive a fair value for their crops. The government sets a minimum price for around 25 crops, preventing them from being sold below this threshold. This initiative is designed to assist farmers in securing the rightful value for their produce. By implementing the Minimum Support Price Scheme, farmers gain empowerment and self-reliance, leading to an enhancement in their living standards. Additionally, consumers benefit from reasonable crop prices. The government declares this price annually based on recommendations from the Agricultural Costs and Prices Commission.

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Minimum support price is provided on 25 major agricultural crops

The Minimum Support Price (MSP) ensures that farmers earn a minimum profit of 50% over the cost of production. Additionally, farmers have the flexibility to sell their crops to NGOs if they receive better terms or prices than the MSP. Initiated in 1966, this scheme covers 25 major agricultural crops annually, with 14 in the Kharif season and 7 in the Rabi season. In the 2020-21 period, 2.04 crore farmers benefited from this initiative, which was established to guarantee farmers the right price for their crops. The scheme aims to empower farmers nationwide, fostering self-reliance and improving their overall standard of living.

Crops covered under Minimum Support Price

अनाज धान गेहूं मक्का बाजरा ज्वार रागी जौ
दालें चना अरहर उड़द मूंग मसूर
तिलहन रेपसीड-सरसों मूंगफली सोयाबीन सूरजमुखी तिल कुसुम नाइजरसीड्
व्यवसायिक फसल कपास गन्ना खोपरा कच्चा जूट

ई भूमि पोर्टल

Benefits and features of Minimum Support Price

  • The Minimum Support Price (MSP) is the lowest price guaranteed by the government for agricultural crops. This ensures that farmers receive a subsidized rate, and the government commits to purchasing the crop at this predetermined price. Currently applicable to 23 crops, including 7 grains, 5 pulses, 7 oilseeds, and 4 commercial crops, MSP is an annual announcement by the Central Government.
  • The Commission for Agricultural Costs and Prices, with input from state governments and central departments, recommends the MSP. This mechanism, initiated in 1966, aims to secure farmers a profit of at least 50% over production costs. It covers 25 major crops each year, comprising 14 in the Kharif season and 7 in the Rabi season.
  • Farmers benefiting from MSP, which totaled 2.04 crore in the 2020-21 period, gain financial security. Importantly, if farmers receive better terms or prices than the MSP, they are free to sell their produce to non-government entities. This initiative seeks to empower farmers nationwide, enhance self-reliance, and improve their overall standard of living.

Minimum Support Price for Rabi Season 2024

Fasal MSP for RMS MSP for RMS  Production cost *  Increase in MSP (Entire) ROI (in percentage)
गेहूं 1975 2015 1008 40 100
जौ 1600 1635 1019 35 60
चना 5100 5230 3004 130 74
मसूर की दल 5100 5500 3079 400 79
कैनोला और सरसो 4650 5050 2523 400 100
सूरजमुखी के बीज 5327 5441 3627 114 50

उत्तराखंड मुख्यमंत्री

Minimum Support Price provided by the government

Commodity Variety 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22
Kharif Crop Paddy Common 1000 1080 1250 1310 1360 1410 1470 1550 1750 1815 1868 1940
Grade ‘A’ 1030 1110 1280 1345 1400 1450 1510 1590 1770 1835 1888 1960
Tide Hybrid 880 980 1500 1500 1530 1570 1625 1700 2430 2550 2620 2738
Maldandi 900 1000 1520 1520 1550 1590 1650 1725 2450 2570 2640 2758
Millet 880 980 1175 1250 1250 1275 1330 1425 1950 2000 2150 2250
Ragi 965 1050 1500 1500 1550 1650 1725 1900 2897 3150 3295 3377
Pigeon Pea 3000 3200 3850 4300 4350 4625^ 5050^^ 5450^ 5675 5800 6000 6300
Moong 3170 3500 4400 4500 4600 4850^ 5225^^ 5575^ 6975 7050 7196 7275
Urad 2900 3300 4300 4300 4350 4625^ 5000^^ 5400^ 5600 5700 6000 6300
Cotton Medium 2500 2800 3600 3700 3750 3800 3860 4020 5150 5255 5515 5726
Cotton Long 3000 3300 3900 4000 4050 4100 4160 4320 5450 5550 5825 6025
Groundnut 2300 2700 3700 4000 4000 4030 4220* 4450^ 4890 5090 5275 5550
Sunflower Seeds 2350 2800 3700 3700 3750 3800 3950* 4100* 5388 5650 5885 6015
Soybean Black 1400 1650 2200 2500 2500 2500 2500 3399 3710 3880 3950
Soybean Yellow 1440 1690 2240 2560 2560 2600 2775* 3050^ 3399 3710 3880 3950
Rosewood 2900 3400 4200 4500 4600 4700 5000^ 5300* 6249 6485 6855
Niger Seed 2450 2900 3500 3500 3600 3650 3825* 4050* 5877 5940 6695
Rabi Crop Wheat 1120 1285 1350 1400 1450 1525 1625 1735 1840 1925 1975 2015
Barley 780 980 980 1100 1150 1225 1325 1410 1440 1525 1600
Gram 2100 2800 3000 3100 3175 3500** 4000^ 4400! 4620 4875 5100
Lentil 2250 2800 2900 2950 3075

Minimum Support Price Login Process

  • Go to the Minimum Support Price official website https://dfpd.gov.in/.
  • Click on the login option.
  • Enter your state and password on the new login page.
  • Click on the login option.

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Conclusion

The government has resolved to provide secure and equitable prices to farmers through the prices provided by the Minimum Support Price (MSP) Chart 2024. This chart is for 23 major crops on which the government has implemented MSP, ensuring that farmers get profits at a minimum of 50% of the cost. This will not only provide literature to the farmers, but will also improve the social and economic condition of the common people.

FAQ’s

What is MSP?

MSP stands for Minimum Support Price, which is the minimum price set by the government for agricultural crops.

What is the MSP Chart 2024?

The MSP Chart 2024 provides the specific prices determined by the government for various crops in the year 2024.

What is the objective of MSP?

The primary objective of MSP is to ensure fair and remunerative prices for farmers' crops.

How does MSP benefit farmers?

MSP ensures that farmers receive a minimum price for their crops, providing financial security and preventing exploitation.

Which crops are covered in the MSP Chart 2024?

The MSP Chart 2024 covers 23 major crops, including cereals, pulses, oilseeds, and commercial crops.

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