Minimum Support Price (MSP) 2022: Price List, Covered Crops Details

Minimum Support Price (MSP) 2022: Price List, Covered Crops Details

It is important to set up a minimum support price because it will definitely help the farmers of the country who are struggling in order to sell their products because of the fraudulent practices that are often used by middlemen.

The farmers are provided security through the Government of India and through this security they are often provided with a minimum support price which is needed to be paid by each and every person who is buying any agricultural commodity from any farmer in the country.

You can check out the details related to Minimum Support Price 2022-23 from the article provided below and we will also share with you all the tables to check the price list and the covered crop details.

Minimum Support Price- MSP

The Minimum Support Price or MSP is the minimum price which is set by the government of India for certain agricultural products so that the farmers can be saved from fraudulent practices which take place by middlemen in the country.

The farmers will get various benefits through the development of the minimum support price and this is directly set by the government of India taking into consideration the prices of the agricultural products presented by the farmers of the country.

You can buy the crops from the farmers by taking into consideration the minimum support price and the Central Government also hiked the MSP on 9th September 2021. You have to make sure that you are not exploiting the rights of the farmers.

Minimum Support Price

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Objective Of Minimum Support Price

The main objective of the minimum support price is to support the farmers from distress sales because many times the middleman will try to buy the products from farmers at a very low price which can result in exploitation of the rights of the farmers in the country.

The minimum support price is set twice a year for 24 commodities by the government of India in order to protect the farmers against the fall in prices in case of bumper production. There are various factors that will be considered by the Indian government in order to set the minimum support price for the farmers of the state because it is definitely a major decision with respect to the earnings of the farmers of the country.

Factors Affecting The MSP

You can check out the details related to the factors affecting the minimum support price from the pointers given below:-

  • The entire structure of the economy of a particular commodity or group of commodities
  • Cost of production
  • Changes in input prices
  • Input-output price parity
  • Trends in market prices
  • Demand and supply
  • Inter-crop price parity
  • Effect on industrial cost structure
  • Effect on the cost of living
  • Effect on the general price level
  • International price situation
  • Parity between prices paid and prices received by the farmers
  • Effect on issue prices and implications for subsidy

Crops Included

The following crops are included while setting up the minimum support price and these prices will be respected all throughout the country:-

Cereals PaddywheatJowarBarleyBajraRagiMaize
Pulses Arhar/turGramMoongLentilUrad
Oilseeds Groundnutrapeseed/mustardSoybeanToriaSesamumSunflower seedSafflower seedNigerseed
Raw cotton
Raw jute
Copra
De-husked coconut
Sugarcane (fair and remunerative price)
Virginia flu-cured (VFC) tobacco

Minimum Support Prices – Fixed by Government 

You can check out the minimum support prices which are fixed by the government on the basis of Rs per quintal from the table given below:-

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 CROPS    
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
JOWAR 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
BAJRA 880 980 1175 1250 1250 1275 1330 1425 1950 2000 2150 2250
MAIZE 880 980 1175 1310 1310 1325 1365 1425 1700 1760 1850 1870
RAGI 965 1050 1500 1500 1550 1650 1725 1900 2897 3150 3295 3377
Tur (Arhar) 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 Staple 2500 2800 3600 3700 3750 3800 3860 4020 5150 5255 5515 5726
Long Staple 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 SEED 2350 2800 3700 3700 3750 3800 3950* 4100* 5388 5650 5885 6015
SOYBEAN Black 1400 1650 2200 2500 2500
Yellow$$ 1440 1690 2240 2560 2560 2600 2775* 3050^ 3399 3710 3880 3950
SESAMUM 2900 3400 4200 4500 4600 4700 5000^ 5300* 6249 6485 6855 7307
NIGERSEED 2450 2900 3500 3500 3600 3650 3825* 4050* 5877 5940 6695 6930
RABI CROPS
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 1635
GRAM 2100 2800 3000 3100 3175 3500** 4000^ 4400! 4620 4875 5100 5230
MASUR (LENTIL) 2250 2800 2900 2950 3075 3400** 3950! 4250* 4475 4800 5100 5500
Rapeseed & Mustard 1850 2500 3000 3050 3100 3350 3700* 4000* 4200 4425 4650 5050
SAFFLOWER 1800 2500 2800 3000 3050 3300 3700* 4100 4945 5215 5327 5441
TORIA 1780 2425 2970 3020 3020 3290 3560 3900 4190 4425 4650
OTHER CROPS
COPRA Milling 4450 4525 5100 5250 5250 5550 5950 6500 7511 9521 9960 10335
(Calendar Year) Ball 4700 4775 5350 5500 5500 5830 6240 6785 7750 9920 10300 10600
DE-HUSKED COCONUTCalender Year) 1200 1200 1400 1425 1425 1500 1600 1760 2030 2571 2700 2800
JUTE 1575 1675 2200 2300 2400 2700 3200 3500 3700 3950 4225 4500

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