The Cabinet Committee on Economic Affairs (CCEA) has approved the increase in the Minimum Support Prices (MSPs) for all mandated Kharif crops for marketing season 2020-21.
Government has increased the MSP of Kharif crops for marketing season 2020-21, to ensure remunerative prices to the growers for their produce.
The highest increase in MSP is proposed for nigerseed (Rs 755 per quintal) followed by sesamum (Rs 370 per quintal), urad (Rs 300 per quintal) and cotton (long staple) (Rs 275 per quintal). The differential remuneration is aimed at encouraging crop diversification.
MSP for all Kharif crops for marketing season 2020-21:
|Sl. No||Crops||Projected Cost* KMS 2020-21||MSP for Kharif 2020-21|
|2||Paddy (Grade A)||–||1,888|
|16||Cotton (Medium Staple)||3,676||5,515|
|17||Cotton (Long Staple)||–||5,825|