New MSP Price List 2022: The Cabinet Committee on Economic Affairs (CCEA) has approved the increase in the minimum supports prices (MSP) for all mandated Rabi crops for Rabi Marketing Season (RMS) 2022-23.
New MSP price list raised Rabi Crops MSP 021-22 will be applicable for crops to be marketed in Rabi Marketing Season (RMS) 2022-23. This new MSP policy will assure minimum 50% as margin of profit. Increase in Rabi Crops MSP 2021-22 is a major step towards doubling farmer’s income by 2022 & improving their welfare substantively.
New MSP Price List 2022
Government has increased the MSP of Rabi crops for RMS 2022-23, to ensure remunerative prices to the growers for their produce. The highest absolute increase in MSP over the previous year has been recommended for Lentil (Masur) and Rapeseeds & Mustard (Rs.400 per quintal each) followed by gram (Rs.130 per quintal). In case of safflower, there has been an increase of Rs.114 per quintal, in comparison to last year.
MSPs List for Rabi Crops 2022-23
|Crop||MSP for RMS 2021-22 (Rs. / quintal)||MSP for RMS 2022-23 (Rs. / quintal)||Cost of production 2022-23 (Rs. / quintal)||Absolute Increase in MSP||Return over cost (%)|
|Rapeseed & Mustard||4650||5050||2523||400||100|
Paid Out Costs Included in Rabi Crops MSP 2022-23
These new MSPs for Rabi crops for 2022-23 season will includes all paid out costs which are incurred by farmers on following things.
- Hired human labour,
- Bullock labour / machine labour
- Rent incurred for leased in land
- Expenses incurred on material inputs like seeds, fertilizers, manures
- Irrigation charges
- Depreciation on implements and farm buildings
- Interest on working capital
- Diesel / electricity for operation of pump sets
- Inputed value of family labour
MSP Price list for Kharif Crops 2021-22
Government has approved the increase in MSPs for mandated Kharif Crops for marketing season 2021-22. The decision of the Government to increase Kharif crops MSP fulfills the commitment to the farmers to provide at least 50% return over cost of production. The details of MSps for Kharif Crops 2021-22 are given below.
For More details visit Farmers Portal https://farmer.gov.in/mspstatements.aspx
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