The Cabinet Committee on Economic
Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the Minimum
Support Prices (MSPs) for Rabi Crops of 2014-15 season to be marketed in
2015-16 as follows:
(Rs.
per quintal)
|
Commodity
|
MSP
for 2013-14
|
MSP
for 2014-15
|
Increase
over previous year
|
|
Wheat
|
1400
|
1450
|
50
|
|
Barley
|
1100
|
1150
|
50
|
|
Gram
|
3100
|
3175
|
75
|
|
Masur
(Lentil)
|
2950
|
3075
|
125
|
|
Rapeseed/Mustard
|
3050
|
3100
|
50
|
|
Safflower
|
3000
|
3050
|
50
|
The
prices are on the recommendations of the Commission for Agricultural Costs and
Prices (CACP). This will help in higher production through assured
remunerative prices to the farmers.
The
National Agricultural Cooperative Marketing Federation (NAFED), National
Cooperative Consumers’ Federation (NCCF), Central Warehousing Corporation (CWC)
and Small Farmers Agri Business Consortium (SFAC) will be the nodal agencies
for procurement of oilseeds and pulses, and losses if any, incurred by the
nodal agencies in such operations would be fully reimbursed.
*******
DS/SH/NT