The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all mandated Rabi crops for the marketing season 2021-22. This increase in MSP is in line with the recommendations of the Swaminathan Commission.
Announcing this in the Lok Sabha, Union Minister of Agriculture & Farmers Welfare Shri Narendra Singh Tomar said the highest increase in MSP has been announced for lentil (Rs. 300 per quintal) followed by gram and rapeseed & mustard (Rs 225 per quintal each) and safflower (Rs. 112 per quintal).
For barley and wheat, an increase of Rs. 75 per quintal and Rs 50 per quintal respectively has been announced. The differential remuneration is aimed at encouraging crop diversification.
Tomar said that the Food Corporation of India (FCI) and other State agencies will continue to purchase farm produce at MSP as before.
