Ministry of Agriculture and Farmers Welfare issues minimum support price for agriculture crops

Sep 14, 2021 | by Avantis RegTech Legal Research Team

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Industry Specific Compliance

The Ministry of Agriculture and Farmers Welfare on September 13, 2021 has issued Minimum support price for agriculture crops. The MSP approved for designated Rabi Crops for 2022-23 during Rabi Marketing Season is higher or equal to 1.5 times of cost of production.

The Minimum Support Prices for mandated Rabi crops for rabi marketing season (RMS) 2022-23 are as follows: -

• Wheat 2015

• Barely 1635

• Gram 5230

• Lentil 5500

• Rapeseed/Mustard 5050

• Safflower 5441

 


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