Minimum Support Prices: Kharif crops For 2021-22
The cabinet of ministers of the union has approved an increase in the price of support for all of the required kharif crops for the promotion of the season in 2021-22. The government has increased the kharif plants, in order to ensure the affordability of the prices of the producers of the products, the Cabinet Committee on Economic and monetary affairs committee, said in a statement. Price increases ranged from 1 to 6. 6% of the crops.
It is the supreme absolute, THE growth rate in the previous year, were advised of the sesamum, followed by a turn, and the office, gave it to be noted that, in the open air. Differential pay is aimed at stimulating the diversification of crops. This increase, according to the press release, the equivalent of the announcement of the Union budget for the fiscal year 19, the attitude of the MSPs at a level that is at least 1.5 times larger than that of India, with a weighted average of the cost of production, which refers to the fairness of the reward of a farmer.
Devendra Pant, chief economist at India Ratings, said the growth is very much in line with what we've seen over the last couple of years. The higher the prices faced by consumers of certain foods have not the benefit of the farmers. According to him, a reliable data storage system, which is able to assist in the protection of farmers ' income and to increase the demand in the rural areas.
In Rs Quintal
| Crop | MSP FY22 | MSP FY21 | % Increase |
|---|---|---|---|
| Paddy common | 1,940 | 1,868 | 3.85 |
| Paddy grade A | 1,960 | 1,888 | 3.81 |
| Jowar hybrid | 2,738 | 2,620 | 4.50 |
| Jowar maldandi | 2,758 | 2,640 | 4.47 |
| Bajra | 2,250 | 2,150 | 4.65 |
| Ragi | 3,377 | 3,295 | 2.49 |
| Maize | 1,870 | 1,850 | 1.08 |
| Tur arhar | 6,300 | 6,000 | 5.00 |
| Moong | 7,275 | 7,196 | 1.10 |
| Urad | 6,300 | 6,000 | 5.00 |
| Groundnut | 5,550 | 5,275 | 5.21 |
| Sunflower seed | 6,015 | 5,885 | 2.21 |
| Soyabean | 3,950 | 3,880 | 1.80 |
| Sesanum | 7,307 | 6,855 | 6.59 |
| Nigerseed | 6,930 | 6,695 | 3.51 |
| Cotton medium staple | 5,726 | 5,515 | 3.83 |
| Cotton long staple | 6,025 | 5,825 | 3.43 |
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