Farmers paid ₹3.47 trillion for crop procurement at MSP

04-Feb-2026 12:53 PM

New Delhi: The central government fixes the Minimum Support Price (MSP) for a total of 22 crops for the Kharif and Rabi seasons every year and also procures many crops from farmers at MSP. This includes crops like paddy, wheat, pulses, oilseeds, coarse grains, and cotton.

Pulses mainly include tur, urad, moong, gram, and masoor, while oilseeds include soybean, groundnut, and mustard.

According to the Union Minister of State for Agriculture, a total of ₹3.47 trillion was paid to Indian farmers as Minimum Support Price for the procurement of 22 crops during the entire 2024-25 marketing season.

Previously, farmers were paid ₹2.63 trillion in the 2023-24 season and ₹2.47 trillion in the 2022-23 season for this purpose.

The minister stated that this payment helped improve the economic condition of the farmers and prevented them from being forced to sell their produce at distress prices in the open market.

According to the Minister of State for Agriculture, the total government procurement of food grains increased to 1223 lakh tonnes in the 2024-25 marketing season, compared to 1089 lakh tonnes in the 2023-24 season and 1118 lakh tonnes in the 2022-23 season.

The 22 crops for which the Minimum Support Price is fixed include 14 crops from the Kharif season, 6 from the Rabi season, and 2 commercial crops (jute and copra).

During the Kharif season, Minimum Support Prices (MSPs) are fixed for paddy, jowar, bajra, maize, ragi, tur, moong, urad, soybean, groundnut, sunflower, sesame, nigerseed, and cotton, while during the Rabi season, MSPs are fixed for crops such as wheat,

barley, gram, lentil, mustard, and safflower. Separate minimum support prices are also fixed for jute and copra.