Government has announced its historic decision on 04.07.2018 to fix MSP at a level of at least 150 per cent of the cost of production for 14 kharif crops 2018-19 season which redeems the promise made in the Union Budget for 2018-19.
Earlier, the MSP fixed for Copra for 2018 and jute for 2018-19 are at level of 150 percent and 163.21 percent of cost of production respectively.
Statement indicating MSPs and return over cost of production for Kharif Crop of 2018-19 is at Annexure.
Minimum Support Prices (MSPs) and Return over Cost of Production
|Sl. No.||KHARIF CROPS||MSP||% Return over Cost|
|(Grade A) ^||1770|
|9||COTTON (Medium Staple)||5150||50.01|
|(Long Staple) ^||5450|
|10||GROUNDNUT IN SHELL||4890||50.00|
This was stated by Shri C.R.Chaudhary ,MoS ,Ministry of Consumer affairs,Food and Public distribution in a written reply in Rajya sabha