(a) whether the Government propose to implement the policy of announcing Minimum
Support Price (MSP) before sowing of crops by farmers in the country;
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
(a) whether the Government propose to implement the policy of announcing Minimum
Support Price (MSP) before sowing of crops by farmers in the country;
(b) if so, the details thereof; and
(c) if not, the reasons therefor?
MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE (SHRI HUKUMDEO NARAYAN YADAV)
(a) to (c): The main objectives of the Government`s price policy for agricultural produce are
aimed at ensuring remunerative prices to the growers for their produce with a view to encourage
higher investment and production, and to safeguard the interests of consumers by making
available supplies at reasonable prices. The price policy seeks to evolve a balanced and
integrated price structure in the perspective of the overall needs of the economy. Towards this
end, Government announces each season Minimum Support Prices (MSPs) of major agricultural
commodities and organizes purchase operations through public and cooperative agencies such as
Food Corporation of India (F.C.I. – paddy, wheat and coarse cereals), Jute Corporation of India
(J.C.I. – Jute), Cotton Corporation of India (C.C.I. – Cotton), National Agricultural Cooperative
Marketing Federation (NAFED-pulses and oilseeds) and Tobacco Board (Tobacco), besides
other agencies designated by the State Governments. All necessary steps are taken to declare the
Minimum Support Prices (MSPs) at the earliest.