The government of India hikes minimum support prices for the Kharif crop. Usually, the government raises MSP (Minimum Support Price) of crop twice a year, [swpm_protected visible_to=”logged_in_users_only” custom_msg=’This content is for members only. Please login or sign up now.’] once ahead of the winter-sown or rabi season and the second time for the summer-sown Kharif season that usually begins in June.

The cabinet has raised the MSP of summer-sown crops by 1.8% and 6.7% in keeping with a policy to offer farmers at least 50% returns over the cost of cultivation.

The highest increase was for sesame and oilseeds, and the next largest increase was for red & black lentils.

List of new Minimum Support Prices (MSP) in INR/20 kg

Commodity MSP (Year 2020) New MSP (Year 2021) Change
Rice common (Dangar) 373.6 388 14.4
Rice A grade (Dangar) 472 392 14.4
Sorghum Hybrid 524 547 23.6
Sorghum Maldandi 528 551 23.6
Millet 430 450 20
Ragi 659 675.4 16.4
Corn 370 374 4
Tur 1200 1260 60
Moon Beans 1439.2 1455 15.8
Black gram 1200 1260 60
Peanut 1055 1110 55
Sunflower 1177 1203 26
Soybeans 776 790 14
Sesame 1371 1461.4 90.4
Safflower 1339 1386 47
Cotton Medium 1103 1145.2 42.2
Cotton Lambtari 1165 1205 40

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