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HomePosts Tagged "kharif crops"
AgroPolicy, Foodgrains, India, Oilseeds, Pulses

The highest absolute increase in MSP over the previous year has been recommended for oilseeds and pulses viz. nigerseed (Rs 983/- per quintal).

The Union Cabinet chaired by Prime Minister Narendra Modi approved the increase in the Minimum Support Prices (MSP) for all mandated Kharif Crops for Marketing Season 2024-25. Government has increased the MSP of Kharif Crops for Marketing Season 2024-25, to ensure remunerative prices to the growers for their produce. The highest absolute increase in MSP over the previous year has been recommended for oilseeds and pulses viz. nigerseed (Rs.983/- per quintal) followed by sesamum (Rs.632/- per quintal) and tur/arhar (Rs.550/- per quintal).

The increase in MSP for Kharif Crops for Marketing Season 2024-25 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production, The expected margin to farmers over their cost of production are estimated to be highest in case of bajra (77 per cent) followed by tur (59 per cent), maize (54 per cent) and urad (52 per cent). For rest of the crops, margin to farmers over their cost of production is estimated to be at 50 per cent.

In the recent years, Government has been promoting the cultivation of crops, other than cereals such as pulses and oilseeds, and Nutri-cereals/ Shree Anna, by offering a higher MSP for these crops.

During the period 2003-04 to 2013-14 for 14 crops covered under Kharif Marketing Season, the minimum absolute increase in MSP was Rs.745/- per quintal for Bajra and maximum absolute increase was Rs.3,130/- per quintal for Moong while during the period 2013-14 to 2023-24, the minimum absolute increase in MSP was Rs.780/- per quintal for Maize and maximum absolute increase was Rs.4,234/- per quintal for Nigerseed. Details are at Annexure-I.

During the period 2004-05 to 2013-14, the procurement of 14 crops covered under Kharif Marketing Season was 4,675.98 Lakhs Metric Ton (LMT) while during the period 2014-15 to 2023-24, procurement of these crops was 7,108.65 LMT. The year-wise details are at Annexure-II.

As per the 3rd Advance Estimates of production for 2023-24, total foodgrain production in the country is estimated at 3288.6 Lakhs Metric Ton (LMT), and oilseeds production is touching 395.9 LMT. During 2023-24, kharif production of rice, pulses, oilseeds and nutri-cereals/Shree Anna and cotton is estimated to be 1143.7 LMT, 68.6 LMT, 241.2 LMT, 130.3 LMT and 325.2 Lakh bales, respectively.

The highest absolute increase in MSP over

AgroPolicy, Foodgrains, India, Pulses

India needs a dynamic trade policy to promote agricultural exports, issues related to agri-export infrastructure, agri-value chains, Sanitary and Phytosanitary (SPS) measures

Binod Anand the Secrertary General of Confederation of NGOs for Rural India (CNRI), a member of the Committee on MSP and Agri Reforms appreciated the recent announcement government to hike the Minimum Support Price (MSP) for Kharif crops.    

Anand, who hails from cooperative sector, strongly advocated utilising PACS (Primary Agriculture Cooperative Society) for structural changes in procurement directly from farmers and democratisation of the value chain.

The Cabinet Committee on Economic Affairs (CCEA) approved the increase in MSP on June 7, 2023, for all mandated Kharif crops for the marketing season 2023-24. As per the list released by PIB, GoI announced an increase in MSP rates for the crops of Paddy-Common, Paddy-Grade A, Jowar-Hybrid, Jowar-Maldandi, Bajra, Ragi, Maize, Tur/Arhar, Moong, Urad, Moongfali (Groundnut), Sunflower seed, Soybean (yellow), Sesamum, Nigerseed, Cotton (Medium staple) and Cotton (Long Staple).  The expected margin to farmers over their cost of production is estimated to be highest in the case of Bajra (82 per cent) followed by Tur (58 per cent), Soybean (52 per cent) and Urad (51 per cent). For the rest of the crops, the margin to farmers over their cost of production is estimated to be at least 50 per cent.

Welcoming the announcement, Binod Anand said, “The MSP of many crops like Jowar, Bajra, Ragi, Nigerseed in comparison to MSP declared for 2014-15, whereas the other crops have witnessed the increase in the rage of 70 to 90 per cent, which is significant if you look at the global scenario.”

Anand also underlined the progress on the front of agricultural exports, wherein India’s agricultural exports increased by about 22.7 per cent in 2020-21, from ₹2.6 lakh crore in 2019-20 to ₹3.2 lakh crore in 2020-21, which further increased to ₹3.9 lakh crore in 2021-22, an increase of 21.6 per cent.

He said that India needs a dynamic trade policy to promote agricultural exports, issues related to agri-export infrastructure, agri-value chains, Sanitary and Phytosanitary (SPS) measures, Technical Barriers to Trade (TBT) and traceability, export procedures and documentation, etc. need to be addressed apart from giving special thrust on the export of value-added processed products and organic produce.

India needs a dynamic trade policy to