The minimum support price (MSP) is the minimum price for select crops raised in kharif and rabi seasons that the Government of India considers as remunerative for farmers and hence deserves support. This is different from procurement price and issue price. It is generally announced before the sowing/planting season. [1]

2024年6月19日 · The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2024-25.

ArchiveLast updated : 17-02-2025, 06:49 AM

2023年10月21日 · MSP is the guaranteed amount paid to farmers when the government buys their produce. MSP is based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), which considers various factors such as cost of production, demand and supply, market price trends, inter-crop price parity, etc.

2024年2月14日 · The Minimum Support Price (MSP) is calculated by considering both the explicit and implicit costs incurred by farmers. Explicit costs cover expenses like chemicals, fertilisers, seeds, and hired labour, while implicit costs include factors such as family labour and rent.

On June 7, 2022, the Indian government announced the Minimum Support Prices (MSP) for all kharif (summer sown, autumn harvested) crops for Indian crop year (ICY) 2023/2024.

2025年3月17日 · Minimum Support Price (MSP) is a “ minimum price” for any crop that the government considers as remunerative for farmers and hence deserving of “support”. It is also …

2024年10月5日 · What are the Issues with India’s Minimum Support Price (MSP) Regime? Procurement Focus: The current MSP regime is primarily aimed at fulfilling the requirements of the National Food Security Act (NFSA) rather than aligning with domestic market prices. It functions more like a procurement price than a genuine MSP.

2023年6月8日 · The Indian government has approved the Minimum Support Price (MSP) for kharif crops for the 2023-24 season, aiming to provide fair remuneration to farmers. However, concerns have been raised by farmers' organisations regarding the increase not keeping up with rising input costs.

2024年2月28日 · MSP stands for Minimum Support Price. It is the minimum rate at which farmers sell their crops to the government. This price prevents farmers from market fluctuation and …