Punjab

Cost and minimum support price of Rabi crops commodities during 2017-18, 2018-19

Dilbag Singh | September 25, 2020 03:36 PM

 

NAKODAR

 Government has increased the minimum support prices (MSPs) for all mandated kharif, rabi and commercial crops for 2018-19 season. The MSPs fixed by Government for all mandated crops provide at least a return of 50 per cent over cost of production for the year 2018-19 Union Ministry of Agriculture and Farmers Welfare informed the Rajya Sabha in a written reply which has been posted on website data.gov.in.

It said that the MSP of Wheat was Rs. 1,840 per quintal for 2018-19, up by 112.5% against cost of Rs. 866 per quintal. The cost of production for Barley was Rs. 860 per quintal during 2018-19. Its MSP has increased by 67.4% to Rs. 1,440 per quintal for 2018-19 over its cost. The MSP of Gram was Rs. 4,620 per quintal for 2018-19 with return of 75.2% versus cost of Rs. 2,637 per quintal.

The MSP of Masur (Lentil), Rapeseed/mustard and Safflower were Rs. 4,475, 4,200 and 4,945 per quintal respectively for 2018-19. We have observed return of 76.7% for Masur (Lentil), 89.9% for Rapeseed/Mustard and 50.1% for Safflower in MSP against cost of production for 2018-19.

The MSP of Wheat, Barley, Gram, Masur (Lentil), Rapeseed/Mustard and Safflower were Rs. 1,735, 1,410, 4,400, 4,250, 4,000 and 4,100 per quintal respectively for the year 2017-18.

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