Government announces MSP of Kharif Crops to be applicable from 1st September, 2016

Government announces MSP of Kharif Crops to be applicable from 1st September, 2016

The Centre has decided that the Minimum Support Prices (MSPs) for Kharif Crops grown in 2016 will be applicable from 1st September, 2016. The decision of the Government has been conveyed to the Agriculture Secretaries of all States and Union Territories by the Ministry of Agriculture and Farmers’ Welfare. The decision has been taken as harvested crops sown in Kharif may reach the market even before October.
The Government announces MSPs in each season for major agricultural commodities to ensure remunerative prices to the farmers for their produce. The MSP for Kharif Crops namely Paddy, Jowar, Bajra, Maize, Ragi, Tur (Arhar), Moong, Urad, Groundnut-in-shell, Soyabean, Sunflower Seed, Nigersed, Sesamum and Cotton was announced on 1st June, 2016 before the sowing season to enable farmers to take a decision for sowing a part