Press Information Bureau
Government of India
Cabinet Committee on Economic Affairs (CCEA)

25-October-2011 15:06 IST

The Cabinet Committee on Economic Affairs today approved the MSP for Rabi Crops of 2011-12 season to be marketed in 2012-13. The MSP of wheat has been fixed at Rs.1285 per quintal marking an increase of Rs.165 per quintal over the last year’s MSP.

The MSP of barley has been raised by Rs.200 per quintal and fixed at Rs.980 per quintal.

The MSP of gram and masur (Lentil) has been fixed at Rs.2800 per quintal each marking an increase of Rs.700 per quintal and Rs.550 per quintal respectively over their last year’s MSPs.

The MSPs of rapeseed/mustard and safflower have been increased by Rs.650 per quintal and Rs.700 per quintal respectively over the last year’s MSPs and have been fixed at Rs.2500 per quintal each.

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AD/SC/SK/LM

Minimum support price increases approved for rabi crops, setting new procurement price floors for major cereals and oilseeds. Minimum Support Price for Rabi 2011-12 (marketing season 2012-13) has been approved: wheat fixed at Rs.1285 per quintal; barley at Rs.980 per quintal; gram and masur at Rs.2800 per quintal each; and rapeseed/mustard and safflower at Rs.2500 per quintal each, establishing the procurement price floor for these rabi crops.