The Government of India has increased the Minimum Support Price (MSP) of ragi or finger millet from Rs. 1,050 to Rs. 1,500 per quintal for the crop year 2012-2013. This is an increase of Rs. 450 a quintal or 42.86 percent over last year’s MSP fixed for ragi.
Minimum Support Price of Ragi Enhanced from Rs. 1,050 to Rs. 1,500 Per Quintal
New Delhi (Delhi, India), October 15, 2019
Indian Government Ups Minimum Support Price (MSP) of Ragi to Rs. 1,500 Per 100 Kgs
The Government of India has increased the Minimum Support Price (MSP) of ragi or finger millet of Fair Average Quality (FAQ) from Rs. 1,050 per quintal (100 Kilograms) to Rs. 1,500 per quintal for the crop year 2012-2013 and marketing season 2013-2014.
This is an increase of Rs. 450 a quintal or 42.86 percent over last year’s Minimum Support Price fixed for ragi.
The Cabinet Committee on Economic Affairs (CCEA) took this decision to hike the MSP of ragi in its meeting held on Thursday, June 14, 2012 in New Delhi.
Every year, the Government of India determines the Minimum Support Price of ragi based on the recommendations of the Commission for Agricultural Cost and Prices (CACP).
Historical Minimum Support Prices of Ragi (Finger Millet) in India
Crop Year Minimum Support Price (Per 100 Kgs)
2012-2013 Rs. 1,500
2011-2012 Rs. 1,050
2010-2011 Rs. 965
2009-2010 Rs. 915
2008-2009 Rs. 915
2007-2008 Rs. 600
2006-2007 Rs. 540
2005-2006 Rs. 525
2004-2005 Rs. 515
2003-2004 Rs. 505
2002-2003 Rs. 485
2001-2002 Rs. 485
2000-2001 Rs. 445
1999-2000 Rs. 415
1998-1999 Rs. 390
1997-1998 Rs. 360
1996-1997 Rs. 310
1995-1996 Rs. 300
1994-1995 Rs. 280
1993-1994 Rs. 260
1992-1993 Rs. 240
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
