Press Information Bureau

Government of India

Cabinet Committee on Economic Affairs (CCEA)

26-December-2012 14:36 IST

The Cabinet Committee on Economic Affairs today approved the Minimum Support Price (MSP) of wheat at Rs.1350/- per quintal for 2012-13 season to be marketed in 2013-14. This is an increase of Rs.65/- per quintal over the last year’s MSP.

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SC/SM

Minimum Support Price for wheat approved, increasing procurement support and market guarantee for the coming marketing year. Minimum Support Price (MSP) for wheat was approved for the 2012-13 season to be marketed in 2013-14, constituting an upward revision from the prior year and serving as the government-set procurement price and operative price signal for procurement operations and market interventions during the specified marketing year.