MSP of Moong increased by Rs.1400 per quintal

MSP of Sunflower increased by Rs.1288 per quintal

MSP of Ragi up by Rs.997 per quintal MSP of Common Paddy increased by Rs.200 per quintal

Giving a major boost for the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all kharif crops for 2018-19 Season.

The decision of the CCEA is a historic one as it redeems the promise of the pre-determined principle of fixing the MSPs at a level of at least 150 percent of the cost of production announced by the Union Budget for 2018-19. The Commission for Agricultural Costs and Prices (CACP) has recommended MSPs for all kharif crops broadly in line with the announced principle.

The Minimum Support Prices (MSPs) for all kharif crops of 2018-19 season have been increased as follows:

                                                                                                                                                                                       (Rs/quintal)

Commodity

 

Variety

 

MSP for 2017-18Season

 

MSP approvedfor 2018-19Season

 

Increase

 

Return*over cost in percent

 

Absolute

 

 

 

Absolute

 

Percentage

 

Paddy

 

Common

 

1550

 

1750

 

200

 

12.90

 

50.09

 

Grade A

Grade A

 

1590

 

1770

 

180

 

11.32

 

51.80

 

Jowar

 

Hybrid

 

1700

 

2430

 

730

 

42.94

 

50.09

 

Maldandi

Maldandi

 

1725

 

2450

 

725   

 

42.03

 

51.33

 

Bajra

 

-

 

1425

 

1950

 

525

 

36.84

 

96.97

 

Ragi

 

-

 

1900

 

2897

 

997

 

52.47

 

50.01

 

Maize

 

-

 

1425

 

1700

 

275

 

19.30

 

50.31

 

Arhar(Tur)

 

-

 

5450

 

5675

 

225

 

4.13

 

65.36

 

Moong

 

-

 

5575

 

6975

 

1400

 

25.11

 

50.00

 

Urad

 

-

 

5400

 

5600

 

200

 

3.70

 

62.89

 

Groundnut

 

-

 

4450

 

4890

 

440

 

9.89

 

50.00

 

Sunflower Seed

 

-

 

4100

 

5388

 

1288

 

31.42

 

50.01

 

Soyabean

 

-

 

3050

 

3399

 

349

 

11.44

 

50.01

 

Sesamum

 

-

 

5300

 

6249

 

949

 

17.91

 

50.01

 

Nigerseed

 

-

 

4050

 

5877

 

1827

 

45.11

 

50.01

 

Cotton

 

Medium Staple

 

4020

 

5150

 

1130

 

28.11

 

50.01

 

Long Staple

 

4320

 

5450

 

1130

 

26.16

 

58.75

 

 

Details:

The Budget for 2018-19 had indicated that a paradigm shift in the agricultural policies is needed to achieve the objective of doubling farmers' income by 2022 through greater emphasis on generating higher incomes of farmers. The increase in the MSPs of Nigerseed at Rs.1827 per quintal, moong by Rs.1400 per quintal, sunflower seed by Rs.1288 per quintal and cotton by Rs.l 130 per quintal is unprecedented.

Amongst cereals and nutri cereals, in terms of absolute increase, MSP of paddy (common) has been raised by Rs 200 per quintal, jowar (hybrid) by Rs 730 per quintal and ragi by Rs 997 per quintal. The highest percentage increase in MSP over the previous year is for ragi (52.47 %) followed by jowar hybrid (42.94%). For pulses, apart from Moong, MSP of arhar (tur) has been raised by Rs 225 per quintal yielding a return over cost by 65.36 per cent and urad by Rs 200 per quintal with a return over cost by 62.89 per cent in order to maintain inter-crop-price parity. Similarly, the MSP of Bajra has been raised by Rs.525 per quintal yielding a return of 96.97 per cent over cost.

Promoting cultivation of pulses can help India overcome nutrition insecurity, improve soil fertility by nitrogen fixation and provide income support to farmers. Thus, increased MSPs for pulses will give a price signal to farmers to increase acreage. Further enhanced MSPs would boost production of oilseeds and encourage investment in its productivity and help reduce India's import bill. Increase in MSPs of nutri-cereals will improve nutritional security and allow farmers to get higher prices.

Food Corporation of India (FCI) and other designated State Agencies would continue to provide price support to the farmers in the case of cereals including nutri-cereals. National Agricultural Cooperative Marketing Federation of India Limited (NAFED), FCI, Small Farmers Agri -Business Consortium (SFAC) and other designated Central Agencies would continue to undertake procurement of pulses and oilseeds. Cotton Corporation of India (CCI) will be the central nodal agency for undertaking price support operations for Cotton.

Farmer friendly initiatives by the Government:

Besides increase in Minimum Support Prices (MSP) of kharif crops, Government has also taken several farmer friendly initiatives. Theseare as follows:

* The premium rates to be paid by farmers are very low - 2 % of sum insured for all kharif crops, 1.5% for all rabi crops and 5 % for commercial and horticulture crops under smart technology through phones & remote sensing for quick estimation and early settlement of claims. The Government has also launched a Mobile App "Crop Insurance" which will help farmers to find out complete details about insurance cover available in their area and to calculate the insurance premium for notified crops.

• The Government has also launched a scheme to develop a pan India electronic trading platform under 'National Agriculture Market' (NAM) aiming to integrate 585 regulated markets with the common e-market platform in order to facilitate better price discovery and ensure remunerative prices to farmers. Each State is being encouraged to undertake three major reforms - allow electronic trading, have a single license valid throughout the State and a single entry point market fee. It will also enable farmers to discover better prices for their produce. As on 23rd March, 2018, 585 markets in 16 States and 2 Union Territories have already been brought on the e-NAM platform.

• Government has also formulated a new model Agricultural Produce and Livestock Marketing (Promotion & Facilitation) Act, 2017 to provide farmers market options beyond the existing APMC regulated market yards.

• Soil Health Cards are being issued to farmers across the country. These will be renewed every two years. The card provides information on fertility status of soil and a soil test based advisory on use of fertilizers. As on 25th June, 2018, 15.14 crore Soil Health Cards have been distributed.

• Under Paramparagat Krishi Vikas Yojana (PKVY), the Government is promoting organic farming and development of potential market for organic products.

• The Pradhan MantriKrishiSinchaiYojana is being implemented with the vision of extending the coverage of irrigation 'HarKhetkoPani' and improving water use efficiency 'Per Drop More Crop ' in a focused manner with end to end solution on source creation, distribution, management, field application and extension activities.

• Government is focusing on improving production and productivity of crops such as rice, wheat, coarse grains and pulses under the National Food Security Mission.

• A dedicated online interface e-KrishiSamvad provides direct and effective solutions to problems faced by farmers.

• Government is encouraging formation of Farmer Producer Organisations. The Budget for 2018-19 has extended a favourable taxation treatment to Farmer Producers Organisations (FPQs) for helping farmers aggregate their needs of inputs, farm services, processing and sale operations.

• Government has set up a buffer stock of pulses and domestic procurement of pulses is also being done under Price Stabilization Fund (PSF) mainly with a view to protect consumers. The Budget for 2018-19 indicated that increasing MSP. is not adequate and it is more important that farmers should get full benefit of the announced MSP. For this, it is essential that if price of the agriculture produce market is less than MSP, then Government should purchase either at MSP or work in a manner to provide MSP for the farmers through some other mechanism. NITI Aayog, in consultation with Central and State Governments, will put in place a fool-proof mechanism so that farmers will get adequate price for their produce.

• A handbook for women farmers 'Farm Women Friendly Hand Book' containing special provisions and package of assistance which women farmers can claim under various on­ going Missions/ Submissions/ Schemes of Department of Agriculture, Cooperation & Farmers Welfare has been brought out.

• With the above measures taken, the Government has set a target to double the farmers' Income by 2022.

Explore More
78મા સ્વતંત્રતા દિવસનાં પ્રસંગે લાલ કિલ્લાની પ્રાચીર પરથી પ્રધાનમંત્રી શ્રી નરેન્દ્ર મોદીનાં સંબોધનનો મૂળપાઠ

લોકપ્રિય ભાષણો

78મા સ્વતંત્રતા દિવસનાં પ્રસંગે લાલ કિલ્લાની પ્રાચીર પરથી પ્રધાનમંત્રી શ્રી નરેન્દ્ર મોદીનાં સંબોધનનો મૂળપાઠ
India’s Biz Activity Surges To 3-month High In Nov: Report

Media Coverage

India’s Biz Activity Surges To 3-month High In Nov: Report
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
Prime Minister Shri Narendra Modi participates in ‘Odisha Parba 2024’ celebrations
November 24, 2024
Delighted to take part in the Odisha Parba in Delhi, the state plays a pivotal role in India's growth and is blessed with cultural heritage admired across the country and the world: PM
The culture of Odisha has greatly strengthened the spirit of 'Ek Bharat Shreshtha Bharat', in which the sons and daughters of the state have made huge contributions: PM
We can see many examples of the contribution of Oriya literature to the cultural prosperity of India: PM
Odisha's cultural richness, architecture and science have always been special, We have to constantly take innovative steps to take every identity of this place to the world: PM
We are working fast in every sector for the development of Odisha,it has immense possibilities of port based industrial development: PM
Odisha is India's mining and metal powerhouse making it’s position very strong in the steel, aluminium and energy sectors: PM
Our government is committed to promote ease of doing business in Odisha: PM
Today Odisha has its own vision and roadmap, now investment will be encouraged and new employment opportunities will be created: PM

The Prime Minister Shri Narendra Modi participated in the ‘Odisha Parba 2024’ celebrations today at Jawaharlal Nehru Stadium, New Delhi. Addressing the gathering on the occasion, he greeted all the brothers and sisters of Odisha who were present at the event. He remarked that this year marked the centenary of the death anniversary of Swabhav Kavi Gangadhar Meher and paid tributes to him. He also paid tributes to Bhakta Dasia Bhauri, Bhakta Salabega and the writer of Oriya Bhagavatha, Shri Jagannath Das on the occasion.

“Odisha has always been the abode of Saints and Scholars”, said Shri Modi. He remarked that the saints and scholars have played a great role in nourishing the cultural richness by ensuring the great literature like Saral Mahabharat, Odiya Bhagawat have reached the common people at their doorsteps. He added that there is extensive literature related to Mahaprabhu Jagannath in Oriya language. Remembering a saga of Mahaprabhu Jagannatha, the Prime Minister said that Lord Jagannath led the war from the forefront and praised the Lord’s simplicity that he had partaken the curd from the hands of a devotee named Manika Gaudini while entering the battlefield. He added that there were a lot of lessons from the above saga, Shri Modi said one of the important lessons was that if we work with good intentions then God himself leads that work. He further added that God was always with us and we should never feel that we are alone in any dire situation.

Reciting a line of Odisha poet Bhim Bhoi that no matter how much pain one has to suffer, the world must be saved, the Prime Minister said that this has been the culture of Odisha. Shri Modi remarked that Puri Dham strengthened the feeling of 'Ek Bharat Shreshtha Bharat'. He added that the brave sons of Odisha also showed direction to the country by taking part in the freedom struggle. He said that we can never repay the debt of the martyrs of Paika Kranti. Shri Modi remarked that it was the good fortune of the government that it had the opportunity to issue a commemorative postage stamp and coin on Paika Kranti.

Reiterating that the entire country was remembering the contribution of Utkal Kesari Hare Krishna Mehtab ji at this time, Shri Modi said that the Government was celebrating his 125th birth anniversary on a large scale. The Prime Minister also touched upon the able leadership Odisha has given to the country from the past till now. He added that Draupadi Murmu ji, hailing from a tribal community, was the President of India. And it was a matter of great pride for all of us. He further added that it was due to her inspiration, schemes worth thousands of crores of rupees for tribal welfare were implemented in India today and these schemes were benefiting the tribal society not only of Odisha but of the entire India.

Remarking that Odisha is the land of women power and its strength in the form of Mata Subhadra, the Prime Minister said that Odisha will progress only when the women of Odisha progress. He added that he had the great opportunity to launch the Subhadra Yojana for my mothers and sisters of Odisha a few days back which will benefit the women of Odisha.

Shri Modi highlighted the contribution of Odisha in giving a new dimension to India's maritime power. He noted that the Bali Jatra was concluded yesterday in Odisha, which was organised in a grand manner on the banks of the Mahanadi in Cuttack on the day of Kartik Purnima. Further, Shri Modi remarked that Bali Jatra was a symbol of India's maritime power. Lauding the courage of the sailors of the past, the Prime Minister said that they were brave enough to sail and cross the seas despite the absence of modern technology like today. He added that the traders used to travel by ships to places like Bali, Sumatra, Java in Indonesia, which helped promote trade and enhance the reach of culture to various places. Shri Modi emphasised that today Odisha's maritime power had an important role in the achievement of a developed India's resolve.

The Prime Minister underlined that today there is hope for a new future for Odisha after continuous efforts for 10 years to take Odisha to new heights. Thanking the people of Odisha for their unprecedented blessings, Shri Modi said that this had given new courage to this hope and the Government had big dreams and had set big goals. Noting that Odisha will be celebrating the centenary year of statehood in 2036, he said that the Government’s endeavour was to make Odisha one of the strong, prosperous and fast-growing states of the country.

Noting that there was a time when the eastern part of India including states like Odisha were considered backward, Shri Modi said that he considered the eastern part of India to be the growth engine of the country's development. Therefore, he added that the Government has made the development of eastern India a priority and today all the work related to connectivity, health, education in the entire eastern India had been expedited. Shri Modi highlighted that today Odisha was getting three times more budget than the central government used to give it 10 years ago. He added that this year, 30 percent more budget had been given for the development of Odisha as compared to last year. He assured that the Government was working at a fast pace in every sector for the holistic development of Odisha.

“Odisha has immense potential for port-based industrial development”, exclaimed the Prime Minister. Therefore, he added that trade will be promoted by developing ports at Dhamra, Gopalpur, Astaranga, Palur, and Subarnarekha. Remarking that Odisha was the mining and metal powerhouse of India, Shri Modi said that this strengthened Odisha's position in the steel, aluminium and energy sectors. He added that by focusing on these sectors, new avenues of prosperity can be opened in Odisha.

Noting that the production of cashew, jute, cotton, turmeric and oilseeds was in abundance in Odisha, Shri Modi said that the Government's effort was to ensure that these products reach the big markets and thereby benefit the farmers. He added that there was also a lot of scope for expansion in the sea-food processing industry of Odisha and Government’s effort was to make Odisha sea-food a brand that is in demand in the global market.

Emphasising that Government’s effort was to make Odisha a preferred destination for investors, the Prime Minister said that his government was committed to promoting ease of doing business in Odisha and investment was being promoted through Utkarsh Utkal. Shri Modi highlighted that as soon as the new government was formed in Odisha, an investment of Rs 45 thousand crore was approved within the first 100 days. He added that today Odisha had its own vision as well as a roadmap, which would promote investment and create new employment opportunities. He congratulated the Chief Minister Mohan Charan Manjhi ji and his team for their efforts.

Shri Modi remarked that by utilising the potential of Odisha in the right direction, it can be taken to new heights of development. Emphasising that Odisha can benefit from its strategic location, the Prime Minister said that access to domestic and international markets was easy from there. “Odisha was an important hub of trade for East and South-East Asia”, said Shri Modi and added that Odisha's importance in global value chains would further increase in the times to come. He further added that the government was also working on the goal of increasing exports from the state.

“Odisha has immense potential to promote urbanisation”, highlighted the Prime Minister and added that his Government was undertaking concrete steps in that direction. He further added that the Government was committed to build a large number of dynamic and well-connected cities. Shri Modi underscored that the Government was also creating new possibilities in the tier two cities of Odisha, especially in the districts of western Odisha where development of new infrastructure can lead to creation of new opportunities.

Touching upon the field of higher education, Shri Modi said that Odisha was a new hope for students across the country and there were many national and international institutes, which inspired the state to take the lead in the education sector. He added that these efforts were promoting the startup ecosystem in the state.

Highlighting that Odisha has always been special because of its cultural richness, Shri Modi said the art forms of Odisha fascinate everyone, be it the Odissi dance or the paintings of Odisha or the liveliness that is seen in the Pattachitras or the Saura paintings, a symbol of the tribal art. He added that one got to see the craftsmanship of Sambalpuri, Bomkai and Kotpad weavers in Odisha. The Prime Minister remarked that the more we spread and preserve the art and craftsmanship, the more the respect for Odia people would increase.

Touching upon the abundant heritage of architecture and science of Odisha, the Prime Minister remarked that the science, architecture and vastness of the ancient temples like Sun Temple of Konark, the Lingaraj and Mukteshwar amazed everyone with their exquisiteness and craftsmanship.

Noting that Odisha was a land of immense possibilities in terms of tourism, Shri Modi said there was a need to work across multiple dimensions to bring these possibilities to the ground. He added that today along with Odisha, the country also had a Government that respects Odisha's heritage and its identity. Underlining that one of the conferences of G-20 was held in Odisha last year, Shri Modi said that the Government presented the grand spectacle of the Sun Temple in front of the heads of states and diplomats of so many countries. The Prime Minister said he was pleased that all the four gates of the Mahaprabhu Jagannath Temple complex have been opened along with the Ratna Bhandar of the temple.

The Prime Minister emphasised that there was a need to undertake more innovative steps to tell the world about every identity of Odisha. He cited an example that Bali Jatra Day can be declared and celebrated to make Bali Jatra more popular and promote it on the international platform. He further added that celebrating Odissi Day for arts like Odissi dance could also be explored along with days to celebrate various tribal heritages. Shri Modi said that special events could be organised in schools and colleges, which would create awareness among people about the opportunities related to tourism and small scale industries. He added that Pravasi Bharatiya Sammelan was also going to be held in Bhubaneswar in the upcoming days and was a huge opportunity for Odisha.

Noting the rising trend of people forgetting their mother tongue and culture across the globe, Shri Modi was pleased that the Oriya community, wherever it lives, had always been very enthusiastic about its culture, its language and its festivals. He added that his recent visit to Guyana had reaffirmed how the power of mother tongue and culture kept one connected to their motherland. He added that about two hundred years ago, hundreds of labourers left India, but they took Ramcharit Manas with them and even today they are connected to the land of India. Shri Modi emphasised that by preserving our heritage, its benefits could reach everyone even when development and changes take place. He added that in the same way, Odisha can be propelled to new heights.

The Prime Minister underscored that in today's modern era, it was important to assimilate modern changes while strengthening our roots. He added that events like the Odisha Festival could become a medium for this. He further added that events like Odisha Parba should be expanded even more in the coming years and should not be limited to Delhi only. Shri Modi underlined that efforts must be undertaken to ensure that more and more people join it and the participation of schools and colleges also increases. He urged the people from other states in Delhi to participate and get to know Odisha more closely.

Concluding the address, Shri Modi expressed confidence that in the times to come, the colours of this festival would reach every nook and corner of Odisha as well as India by becoming an effective platform for public participation.

Union Minister for Railways, Information and Broadcasting, Electronics & IT, Shri Ashwini Vaishnaw and Union Minister for Education, Shri Dharmendra Pradhan, President of Odia Samaj, Shri Siddharth Pradhan were present on the occasion among others.

Background

Odisha Parba is a flagship event conducted by Odia Samaj, a trust in New Delhi. Through it, they have been engaged in providing valuable support towards preservation and promotion of Odia heritage. Continuing with the tradition, this year Odisha Parba was organised from 22nd to 24th November. It showcased the rich heritage of Odisha displaying colourful cultural forms and will exhibit the vibrant social, cultural and political ethos of the State. A National Seminar or Conclave led by prominent experts and distinguished professionals across various domains was conducted.