The Government of India has increased the Minimum Support Price (MSP) of niger seed from Rs. 2,900 to Rs. 3,500 per quintal for crop year 2012-2013. This is an increase of Rs. 600 a quintal or 20.69 percent over last year’s MSP fixed for niger seed.
Minimum Support Price of Niger Seed Enhanced from Rs. 2,900 to Rs. 3,500 Per Quintal
New Delhi (Delhi, India), October 15, 2019
Indian Government Ups Minimum Support Price (MSP) of Niger Seed to Rs. 3,500 Per 100 Kgs
The Government of India has increased the Minimum Support Price (MSP) of niger seed of Fair Average Quality (FAQ) from Rs. 2,900 per quintal (100 Kilograms) to Rs. 3,500 per quintal for the crop year 2012-2013 and marketing season 2013-2014.
This is an increase of Rs. 600 a quintal or 20.69 percent over last year’s Minimum Support Price fixed for niger seed.
The Cabinet Committee on Economic Affairs (CCEA) took this decision to hike the MSP of niger seed in its meeting held on Thursday, June 14, 2012 in New Delhi.
Every year, the Government of India determines the Minimum Support Price of niger seed based on the recommendations of the Commission for Agricultural Cost and Prices (CACP).
Historical Minimum Support Prices of Niger Seed in India
Crop Year Minimum Support Price (Per 100 Kgs)
2012-2013 Rs. 3,500
2011-2012 Rs. 2,900
2010-2011 Rs. 2,450
2009-2010 Rs. 2,405
2008-2009 Rs. 2,405
2007-2008 Rs. 1,240
2006-2007 Rs. 1,220
2005-2006 Rs. 1,200
2004-2005 Rs. 1,180
2003-2004 Rs. 1,155
2002-2003 Rs. 1,120
2001-2002 Rs. 1,100
2000-2001 Rs. 1,025
1999-2000 Rs. 915
1998-1999 Rs. 850
1997-1998 Rs. 800
1996-1997 Rs. 720
1995-1996 Rs. 700
Minimum Support Prices of Agricultural Commodities in India
Government of India – Minimum Support Prices of Various Agricultural Commodities
Indian Government – Plans, Policies, and Projects
Government of India – Current and Past Agricultural Plans, Policies, Programs, Projects, and Schemes
