The increase in MSP of 6 Rabi crops by the Government of India

By: MeriKheti
Published on: 22-Oct-2023

The Government of India has increased the minimum support price of 6 Rabi crops including mustard, wheat, lentils and gram. This will benefit crores of farmers in especially Uttar Pradesh, Madhya Pradesh, Haryana and Punjab. Also, farmers' income will also increase. A great gift of Diwali has been provided to the farmers by the central government. It has increased the MSP of 6 Rabi crops including wheat. This will give the benefit of crores of farmers of India. His income will also increase significantly. The special thing is that Prime Minister Narendra Modi's government has increased the MSP of Rabi crops from 2% to 7% percent. At the same time, the increase of MSP by the Union Cabinet has also been approved. Meaning that when the purchase of Rabi crops starts for crop season 2024- 25, farmers will get funds at the rate of new MSP.


Rabi crop 

Wheat, linseed, mustard, safflower, peas, gram and barley fall into the rabi crop. Their sowing is done between October to November. The special thing is that most of the Rabi crops are cultivated in the states of North India. Talking about wheat, Uttar Pradesh is called its largest productive state. This is followed by the number of Madhya Pradesh, Gujarat, Bihar Punjab, Haryana and Rajasthan. Currently, the central government has increased the price of wheat by Rs 150 per quintal in the MSP of wheat. After this, wheat MSP Rabi marketing season 2024-25 increased to Rs 2275 per quintal. Meaning that from the decision of PM Modi's cabinet, crores of farmers of Gujarat, Bihar, UP, Haryana, Punjab and Rajasthan will get a lot of benefit.


Also read: Before Diwali, the central government can increase the MSP of 23 crops including wheat.


Where and how much mustard is produced in India

Similarly, Rajasthan is the top state of mustard yield in India. It has 46.7 percent participation in the total mustard produced in India. This means that Rajasthan produces only 46.7 percent mustard. This is followed by the number of Uttar Pradesh, Madhya Pradesh, Haryana and West Bengal. At present, the central government has increased the minimum support price of mustard at a rate of Rs 200 per quintal. With this, the minimum support price of mustard has reached Rs 6550 per quintal. In such a situation, farmers of these states will get immense benefit.


Inflation will decline due to increasing mustard production area

Also, agricultural experts say that according to consumption in India, mustard yield is very low. In such a situation, edible oils have to be imported from abroad. However, the decision to increase the MSP by the Central Government has been taken at a proper time. The mustard sowing season is going on. For your information, let us tell you that due to the increase in MSP, farmers will sow mustard in more areas to earn more. This will increase mustard production in India, which may cause mustard oil prices to fall. This will also reduce inflation significantly.