MSP for all kharif crops of 2018-19 season increased: Here is the complete list

The Cabinet Committee on Economic Affairs at its meeting approved the MSP of 14 Kharif (summer-sown) crops.

New Delhi: Union Cabinet on Wednesday approved Minimum Support Price (MSP) for notified agricultural crops to provide farmers a profit of 50 percent over the cost of production.

The Cabinet Committee on Economic Affairs (CCEA) at its meeting approved the MSP of 14 Kharif (summer-sown) crops.

The MSP of paddy (common grade) has been increased by Rs 200 to Rs 1,750 per quintal, while that of Grade A variety by Rs 160 per quintal to Rs 1,750.  The MSP of cotton (medium staple) has been increased to Rs 5,150 from Rs 4,020 and that of cotton (long staple) to Rs 5,450 from 4,320 per quintal.

In pulses, tur MSP has been raised to Rs 5,675 per quintal from Rs 5,450, and that of moong to Rs 6,975 per quintal from Rs 5,575. Urad MSP has been hiked to Rs 5,600 from Rs 5,400 per quintal.

Here is the complete list

Commodity	Variety	MSP for 2017-18 Season (in Rs)	MSP approvedfor 2018-19 Season (in Rs)	Increase
Paddy	Common	1550	1750	Rs 200
Paddy	Grade A	1590	1770	Rs 180
Jowar	Hybrid	1700	2430	Rs 730
Jowar	Maldandi	1725	2450	Rs 725
Bajra	---	1425	1950	Rs 525
Ragi	---	1900	2897	Rs 997
Maize	---	1425	1700	Rs 275
Arhar(Tur)	---	5450	5675	Rs 225
Moong	---	5575	6975	Rs 1400
Urad	---	5400	5600	Rs 200
Groundnut	---	4450	4890	Rs 440
Sunflower Seed	---	4100	5388	Rs 1288
Soyabean	---	3050	3399	Rs 349
Sesamum	---	5300	6249	Rs 949
Nigerseed	---	4050	5877	Rs 1827
Cotton	Medium Staple	4020	5150	Rs 1130
Cotton	Long Staple	4320	5450	Rs 1130

Issuing a statement in this regard, IFFCO MD Dr US Awasthi said, "We welcome the significant announcement made by the Government of India on a steep increase in the minimum support price (MSP) of kharif crops. This historical move will increase the production cost to at least 1.5 times and reiterates the government’s promise to double farmers’ income by 2022. The Government is ensuring and enabling the proper support wherever required."

He further said, "As the backbone of the rural economy, we at IFFCO are committed towards the farmers of our country and provide quality driven Agri inputs to farmers for their better yield. Our sole objective is to strengthen their social security net which will further transform their lives. On the occasion of cooperative’s Golden Jubilee year in 2017, IFFCO has been praised by Prime Minister Narendra Modi for their efforts and initiatives to train the farming community on the right use of fertilizers, advanced techniques and cash-less transactions."