Moneycontrol PRO
HomeNewsMinimum support price

Minimum Support Price

Jump to
  • Govt hikes copra MSP by up to Rs 420 to Rs 12,100/qtl for 2025

    Govt hikes copra MSP by up to Rs 420 to Rs 12,100/qtl for 2025

    The MSP for ’milling copra’ has been increased by Rs 420 to Rs 11,582 per quintal, while for ’ball copra’ by Rs 100 to Rs 12,100 per quintal for 2025, Information and Broadcasting Minister Ashwini Vaishnaw told reporters.

  • Cabinet approves Rs 10,700 crore equity infusion for FCI's FY25 working capital

    Cabinet approves Rs 10,700 crore equity infusion for FCI's FY25 working capital

    This decision aims to support the agricultural sector by enhancing FCI’s operational and financial strength, reflecting the government's commitment to empowering farmers and reinforcing India’s agrarian economy.

  • Procure maize at MSP to prevent distress sales by farmers: Sukhbir Badal to Punjab govt

    Procure maize at MSP to prevent distress sales by farmers: Sukhbir Badal to Punjab govt

    In a statement issued here, Badal accused the government of running away from its responsibility. Due to this, the farmers are being forced to sell their produce at Rs 500 to Rs 600 per quintal to private traders, he claimed.

  • Govt cheating farmers, MSP hike less than even inflation rate: Congress

    Govt cheating farmers, MSP hike less than even inflation rate: Congress

    Congress general secretary Randeep Surjewala said even as the BJP dispensation is patting its back for MSPs, it has in fact ”duped the farmers” and claimed that their hard labour has got lost in the lights of Diwali.

  • Committee on MSP holds broad discussion on key issues in first meeting but SKM skips

    Committee on MSP holds broad discussion on key issues in first meeting but SKM skips

    The committee, headed by former agriculture secretary Sanjay Agrawal, discussed on ways to ”promote zero budget based farming”, to ”change” crop patterns keeping in mind the changing needs of the country, and to make MSP more ”effective and transparent”.

  • Government forms panel to make "more effective and transparent" MSP

    Government forms panel to make "more effective and transparent" MSP

    The panel, headed by former agriculture secretary Sanjay Agrawal, will have 26 members including farmer representatives, agri-scientists and agri economists as well as officials from central and state government, a notification issued by the Ministry of Agriculture said.

  • Samyukta Kisan Morcha meeting Tuesday on whether to recommend names for Centre's MSP panel

    Samyukta Kisan Morcha meeting Tuesday on whether to recommend names for Centre's MSP panel

    The government on Monday formed a committee on Minimum Support Price (MSP), eight months after it promised to set up such a panel while withdrawing the three contentious farm laws.

  • Sonalika Tractors sees 42% growth in total tractor sales at 12,615 units in May

    Sonalika Tractors sees 42% growth in total tractor sales at 12,615 units in May

    The growth in sales in the previous month came as the demand for advanced tractors continues to see an uptick across the industry, it said in the statement.

  • Indian farmers benefit from a sharp increase in exports; government cuts procurement for welfare programmes

    Indian farmers benefit from a sharp increase in exports; government cuts procurement for welfare programmes

    Global buyers have turned to India, the second-largest producer of wheat, after the onset of the Russia-Ukraine war. Russia and Ukraine together accounted for 30% of the global wheat supply.

  • Govt hikes MSP of raw jute Rs 250 to Rs 4750 per quintal

    Govt hikes MSP of raw jute Rs 250 to Rs 4750 per quintal

    The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved the MSP for raw jute for the 2022-23 season.

  • Govt says no farmer died due to police action during farmers' protests

    Govt says no farmer died due to police action during farmers' protests

    In a written reply to the Rajya Sabha, Agriculture Minister Narendra Singh Tomar on Friday said, "the subject of compensation, etc. to the families of the deceased farmers in the farmers movement is with the concerned state governments”.

  • Panel on the cards with mandate to make MSP more effective

    Panel on the cards with mandate to make MSP more effective

    The committee will have representatives from the Centre, state governments, farmers, agricultural scientists, and agricultural economists, Modi said.

  • Farm laws | Varun Gandhi demands legal guarantee for MSP

    Farm laws | Varun Gandhi demands legal guarantee for MSP

    Varun Gandhi also demanded a legal guarantee for the minimum support price (MSP), also one of the demands of farmer unions protesting against three farm laws, saying farmers will continue to be exploited in 'mandis' (markets for agricultural produce) as long as this is not done.

  • Govt buys record 398.59 lakh tonnes of wheat at MSP for Rs 78,721 crore

    Govt buys record 398.59 lakh tonnes of wheat at MSP for Rs 78,721 crore

    The procurement has reached an all-time high, as it has exceeded previous high of 389.92 lakh tonnes achieved in the entire RMS 2020-21, an official statement said.

  • Farmer leaders firm on demand of repealing agri laws as agitation completes 100 days

    Farmer leaders firm on demand of repealing agri laws as agitation completes 100 days

    Darshan Pal, a senior member of the Samkyukta Kisan Morcha which is spearheading the going protest, said farmer unions stand firm on the demand of repeal of three agri laws.

  • Govt procures paddy worth Rs 81,400 crore; purchase in volume terms up 23%

    Govt procures paddy worth Rs 81,400 crore; purchase in volume terms up 23%

    Nodal agencies like FCI and others have also procured 217,449 MT of moong, urad, groundnut pods and soybean having an MSP value of Rs 1164.71 crore.

  • Farmers' groups say no to govt food, arrange own lunch at Delhi's Vigyan Bhawan

    Farmers' groups say no to govt food, arrange own lunch at Delhi's Vigyan Bhawan

    Farmers' leaders told the government to focus on resolving the issues instead of trying to be a good host by offering lunch, Shinde said.

  • Has Kerala gone bananas? Maybe not

    Has Kerala gone bananas? Maybe not

    Kerala's MSP: The initiative is fraught with challenges, but there is a fighting chance of success

  • Punjab doesn't want confrontation with Centre over farm laws: Manpreet Badal

    Punjab doesn't want confrontation with Centre over farm laws: Manpreet Badal

    Speaking at a virtual event, Manpreet Badal said the Centre should not tinker with the existing system of the minimum support price (MSP) and procurement as it has stood the test of time.

  • MSP will be hiked continuously in coming years, says Rajnath Singh

    MSP will be hiked continuously in coming years, says Rajnath Singh

    Rajnath Singh also hit out at Congress for the burning of a tractor by protesters from their youth wing, saying, "As a weapon is sacred to soldiers, so is a tractor for farmers and by burning them, they are insulting our farmers.”

  • Govt achieves new record in wheat procurement at 38.2 million tonnes

    Govt achieves new record in wheat procurement at 38.2 million tonnes

    All over India, 42 lakh farmers have been benefitted and a total amount of about Rs 73,500 crore has been paid to them towards Minimum Support Price (MSP) for wheat, according to a Food Ministry statement.

  • With advancing monsoon and MSP hike, kharif sowing to progress speedily

    With advancing monsoon and MSP hike, kharif sowing to progress speedily

    Delayed rains have affected sowing of pulses, particularly short-duration crops. Acreage may be much behind last year's level, particularly for tur dal

  • Govt hikes paddy MSP by Rs 65/qtl for 2019-20

    Govt hikes paddy MSP by Rs 65/qtl for 2019-20

    Paddy is the main kharif crop, the sowing of which begins with the onset of southwest monsoons.

  • Is agrarian distress behind the Maratha quota stir?

    Is agrarian distress behind the Maratha quota stir?

    The Marathas' call for greater representation in education and government jobs could be as much a product of the stress on the agrarian economy, as the role of age-old caste equations

  • Adequate procurement, MSP increases critical for rural demand pick up: Report

    Adequate procurement, MSP increases critical for rural demand pick up: Report

    According to a research report by HDFC Bank, the extent of pick up in rural demand is dependent on a number of factors, as a good monsoon alone will not do the trick.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347