Cabinet approves MSP for Rabi marketing season 2022-23

Cabinet approves MSP for Rabi marketing season 2022-23
Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the Minimum Support Prices (MSP) for all mandated Rabi crops for Rabi Marketing Season (RMS) 2022-23

The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the Minimum Support Prices (MSP) for all mandated Rabi crops for Rabi Marketing Season (RMS) 2022-23.

MSPs for all Rabi crops for marketing season 2022-23  (In Rs./quintal)

CropsMSP for RMS 2021-22MSP for RMS 2022-23Cost* of production 2022-23Increase in MSP (Absolute)
Wheat19752015100840
Barley16001635101935
Gram510052303004130
Lentil (Masur)510055003079400
Rapeseed &

Mustard

465050502523400
Safflower532754413627114

*Refers to comprehensive cost which includes all paid-out costs such as those incurred on account of hired human labour, bullock labour, machine labour, rent paid for leased in land, expenses incurred on use of material inputs like seeds, fertilisers, manures, irrigation charges, depreciation on implements and farm buildings, interest on working capital, diesel and electricity for the operation of pump sets, miscellaneous expenses and imputed value of family labour.

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