educratsweb logo


Minimum Support Prices (MSP) for Kharif Crops for marketing season 2020-21

The Cabinet Committee on Economic Affairs (CCEA) chaired by the Hon'ble Prime Minister Shri Narendra Modi 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

Increase in MSP (Absolute)

 

Return over Cost (in %)

1

Paddy (Common)

1,245

1,868

53

 

50

2

Paddy (Grade A)^

-

1,888

53

 

-

3

Jowar (Hybrid)

1,746

2,620

70

 

50

4

Jowar (Maldandi)^

-

2,640

70

 

-

5

Bajra

1,175

2,150

150

 

83

6

Ragi

2,194

3,295

145

 

50

7

Maize

1,213

1,850

90

 

53

8

Tur (Arhar)

3,796

6,000

200

 

58

9

Moong

4,797

7,196

146

 

50

10

Urad

3,660

6,000

300

 

64

11

Groundnut

3,515

5,275

185

 

50

12

Sunflower Seed

3,921

5,885

235

 

50

13

Soybean (yellow)

2,587

3,880

170

 

50

14

Sesamum

4,570

6,855

370

 

50

15

Nigerseed

4,462

6,695

755

 

50

16

Cotton (Medium Staple)

3,676

5,515

260

 

50

17

Cotton (Long Staple)^

-

5,825

275

 

-

 

^Cost data are not separately compiled for Paddy (Grade A), Jowar (Maldandi) and Cotton (Long staple)

 

The increase in MSP for Kharif Crops for marketing season 2020-21 is in line with the Union Budget 2018-19 announcement of fixing the MSPs at a level of at least 1.5 times of the All-India weighted average Cost of Production (CoP), aiming at reasonably fair remuneration for the fanners. The expected returns to farmers over their cost of production are estimated to be highest in case of Bajra (83%) followed by urad (64%), tur (58%) and maize (53%). For rest of the crops, return to farmers over their cost of production is estimated to be at least 50%.

Government’s strategy is one of promoting sustainable agriculture with diversified cropping pattern matching with the country's agro-climatic conditions, towards higher productivity without jeopardizing nation's bio-diversity. Support is in the form of MSP as well as procurement. Besides, with the intention of giving enough policy thrust to income security of the farmers. Government's production-centric approach has been replaced by income-centric approach.

Concerted efforts were made over the last few years to realign the MSPs in favour of oilseeds, pulses and coarse cereals to encourage farmers shift to larger area under these crops and adopt best technologies and farm practices, to correct demand - supply imbalance. The added focus on nutri-rich nutri-cereals is to incentivize its production in the areas where rice-wheat cannot be grown without long term adverse implications for groundwater table.

In continuation with the above-mentioned measures, Government is taking holistic approach towards supporting the farmers and facilitate farming related activities in the lockdown situation due to Covid 19. Efforts are being made to facilitate marketing of agricultural produce by the farmers. Advisories have been issued by the Union Government to State Governments / UT to facilitate Direct Marketing, enabling direct purchase from the fanners / FPOs / Cooperatives etc. by Bulk Buyers /Big Retailers / Processors by limiting regulation under State APMC Act.

 

Besides, the Umbrella Scheme "Pradhan MantriAnnadataAaySanraksHanAbhiyan” (PM-AASHA) announced by the government in 2018 will aid in providing remunerative return to farmers for their produce. The Umbrella Scheme consists of three sub-schemes i.e. Price Support Scheme (PSS), Price Deficiency Payment Scheme (PDPS) and Private Procurement & Stockist Scheme (PPSS) on a pilot basis.

In addition, under the Pradhan MantriKisanSammanNidhi (PM-KISAN) Scheme during the lockdown period from 24.3.2020 till date, about 8.89 crore farmer families have been benefitted and an amount of Rs. 17,793 crore has been released so far.

In order to provide food security during the prevailing situation due to COVID-19 pandemic, the Government has decided to distribute pulses to the eligible households under Pradhan MantriGaribKalyanYojana (PM-GKY). About 1,07,077.85 MT pulses have so far been issue/d to the States/UTs.

 

Minimum Support Prices (MSP) for Kharif Crops for marketing season 2020-21
Contents shared By educratsweb.com

Planning in Sports | Unit 1 | Physical Education Class 12 for 2020-21 CBSE BOARD | PART 1 #Educational - Published on Friday July 10 2020
if you have any information regarding Job, Study Material or any other information related to career. you can Post your article on our website. Click here to Register & Share your contents.
For Advertisment or any query email us at educratsweb@gmail.com

RELATED POST
1 Simba Movie trailer Download | Talented India 
2 RRB Group C: Link for refund active, websites to claim
3 Amazon Great Indian Festival Diwali Special sale from 2nd-5th Nov
4 Mann Ki Baat 2.0 | Programme on All India Radio (30.06.2019)
5 आरबीआई दे रहा नौकरी का सुनहरा मौका
6 10% Quota For Economically Weak In General Category Cleared: 10 Points
7
8 शिवराज का मप्र की राजनीति से अध्याय खत्म
9 Petrol Prices Near 90 Rupees In Mumbai, Above 80 Rupees In Other Metros
10 PhonePe Scratch Card Offers - Chance to Earn Rs. 1000 Per Money Transfer
11 IPL auction: Learn base price of players
12 You can soon order liquor online and get it home delivered
13 CG Vyapam Recruitment 2019 : कई पदों पर भर्तियां
14 Central contractual employees to get paid like regular staff: Report
15 Launch of official website of UT of Ladakh by its first Lt. Governor
16 How to Achieve the Common Core with Tech: Writing Strand
17 Shri Arjun Munda launches tribes India products on GeM and new website of TRIFED through video conference
18 Ek Bharat Shrestha Bharat: National Integration Camp being held in Mandya district of Karnataka
19 Aadhaar, voter ID card, passport not proof of citizenship: Government officials
20 Appeal to generously donate to Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)
21 CAIT to launch national e-commerce marketplace Bharatmarket for retail traders
22 English Rendering of Prime Minister Shri Narendra Modi’s Address to the Nation on 12.5.2020
23 Tracking Severe Cyclonic Storm ‘AMPHAN’ (at 2030 Hrs IST)
24 On directions of the Prime Minister, Home Ministry approves release of Rs 11,092 crores under State Disaster Risk Management Fund to All States
25 Digital Marketing Kya Hai
26 100 distilleries and more than 500 manufacturers permitted to produce hand sanitizers
27 Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan
28 Landfall process has commenced and the forward sector of the wall cloud region is entering into land in West Bengal
29 S&T based innovative solutions by common people participating in NIF’s Challenge COVID-19 Competition (C3) ready to make adifference
30 India’s response to COVID outbreak
31 Finance Minister announces Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus
32 Kalia Yojana in Odisha - Innovative Agriculture Solutions That Challenge Convention
33 Power Ministry puts in place adequate arrangements to face Cyclone Amphan
34 Update at 1730 Hrs IST: Super Cyclonic Storm ‘AMPHAN’ over west-central and adjoining central parts of South Bay of Bengal: Cyclone Warning for West Bengal and north Odisha coasts: Orange Message
35 Grievance redressal cell set up to resolve problems of food processing industry during COVID-19 lockdown: Union FPI Minister
36 6 Cities rated 5 Star, 65 Cities rated 3 Star and 70 Cities rated 1 Star
37 Enrolment under PM Kisan Maan Dhan Yojana
38 Digital Marketing Kya Hai
39 PM interacts with social welfare organizations
40 Cabinet approves release of an additional instalment of Dearness Allowance and Dearness Relief due from 1.1.2020
41 Digital Marketing Kya Hai
42 Presentation of details of 4th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19
43 Finance Minister announces short term and long-term measures for supporting the poor, including migrants, farmers, tiny businesses and street vendors
44 COVID-19: Relaxation from lockdown in Green zones
45 J&K to provide tap water to every household by December 2022
46 Odisha extends lockdown until April 30
47 Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19
48 Government approves setting up of an Empowered Group of Secretaries (EGoS) and Project Development Cells (PDCs) in Ministries/Departments for attracting investments in India
49 Super cyclone, Amphan over Bay of Bengal to affect West Bengal and north Odisha coasts
50 During COVID-19 lockdown Janaushadhi Kendras achieved a record sales turnover of 52 crore rupees in April 2020
We would love to hear your thoughts, concerns or problems with anything so we can improve our website educratsweb.com ! visit https://forms.gle/jDz4fFqXuvSfQmUC9 and submit your valuable feedback.
Save this page as PDF | Recommend to your Friends

http://educratsweb(dot)com http://educratsweb.com/content.php?id=2478 http://educratsweb.com educratsweb.com educratsweb