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Minimum Support Prices
Minimum Support Prices of foodgrains
The Minimum Support Prices (MSPs) for wheat, paddy and coarsegrains (fixed by the Department of Agriculture & Cooperation on the recommendations of the CACP) for the Rabi/Kharif Marketing Seasons 2005-06 to 2009-10 are as under: -
(Rs. Per qtl.)
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Marketing Season
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MSP of wheat
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MSP of paddy
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Coarsegrains
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Common
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Grade ’A’
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Jowar/Bajra
Maize/Ragi
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Barley
|
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2005-06
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640
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570
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600
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525@
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540
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2006-07
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650 %
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580 $
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610 $
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540
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550
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2007-08
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750 *
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645 **
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675 **
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600 !
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565
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2008-09
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1000
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850 ^
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880 ^
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840 #
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650
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2009-10
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1080
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950
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980
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840#
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680
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@ -For Maize, MSP was Rs.540/- per qtl
% - An incentive bonus of Rs.50 per quintal over the MSP given for wheat procured in RMS 2006-07
$ - An incentive bonus of Rs.40 per qtl over the MSP allowed for paddy procured in KMS 2006-07.
* - An incentive bonus of Rs.100 per quintal over the MSP given for wheat procured in RMS 2007-08.
** -An incentive bonus of Rs.100 per quintal over the MSP allowed for paddy/rice procured in KMS 2007-08.
^ - An incentive bonus of Rs.50 per quintal over the MSP allowed for paddy/rice procured in KMS 2008-09.
# - For Jowar Maldandi MSP is Rs. 860 per quintal and MSP for Ragi is Rs. 915 per quintal.
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