Every year, Government fixes Minimum Support Prices (MSPs) for 22 mandated agricultural crops for the country as a whole based on the recommendations of Commission for Agricultural Costs & Prices (CACP), after considering the views of State Governments and Central Ministries/Departments concerned.

Increased MSP has benefited farmers which are evident from data of procurement and MSP amount paid to the farmers. The details of procurement and MSP amount paid to farmers during last three years including current year are given at Annexure.

Agriculture is a state subject & all the centrally sponsored schemes are implemented through States/ UTs concerned. Government of India supports the States through appropriate policy measures and budgetary allocation for schemes for farmers welfare.

For benefits of farmers, Government has taken several initiatives which include following:

 (i)  Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

(ii)  Pradhan Mantri Fasal Bima Yojana (PMFBY)/Restructured Weather Based Crop Insurance Scheme (RWBCIS)

(iii)  Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY)

(iv) Agriculture Infrastructure Fund (AIF)

(v)  Formation and Promotion of 10,000 Farmer Producer Organizations (FPOs)

(vi) Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA)

(vii) Modified Interest Subvention Scheme (MISS)

(viii)     National Bee Keeping and Honey Mission (NBHM)

(ix)   Agri Fund for Start-Ups & Rural Enterprises' (AgriSURE)

(x)    National Mission on Natural Farming

(xi)   Krishonnati Yojana

(xii)Rashtriya Krishi Vikas Yojana (RKVY)

The Union Budget for 2018-19 had announced the pre-determined principle to keep MSPs at levels of one and half times of the cost of production. Accordingly, Government had increased MSPs for all mandated Kharif, Rabi and other Commercial crops with a minimum return of 50 percent over all India weighted average cost of production from year 2018-19 onwards which benefitted farmers of whole country.

Annexure

 Annexure referred to in reply to part (a) of Rajya Sabha Untarred Question No. 1466 due for reply on 01.08.2025

Procurement & MSP value of MSP Crops

        *As on 30.06.2025

This information was given by Minister of State for Agriculture and Farmers Welfare, Shri  Ramnath Thakur in a written reply in Rajya Sabha today.

******

RC/ KSR/AR

(Release ID: 2151360)