The Government of India has increased the Minimum Support Price (MSP) of sunflower seed from Rs. 2,800 to Rs. 3,700 per quintal for crop year 2012-2013. This is an increase of Rs. 900 a quintal or 32.14 percent over last year’s MSP fixed for sunflower seed.
Minimum Support Price of Sunflower Seed Enhanced from Rs. 2,800 to Rs. 3,700 Per Quintal
New Delhi (Delhi, India), October 17, 2019
Indian Government Ups Minimum Support Price (MSP) of sunflower seed to Rs. 3,700 Per 100 Kgs
The Government of India has increased the Minimum Support Price (MSP) of sunflower seed of Fair Average Quality (FAQ) from Rs. 2,800 per quintal (100 Kilograms) to Rs. 3,700 per quintal for the crop year 2012-2013 and marketing season 2013-2014.
This is an increase of Rs. 900 a quintal or 32.14 percent over last year’s Minimum Support Price fixed for sunflower seed.
The Cabinet Committee on Economic Affairs (CCEA) took this decision to hike the MSP of sunflower 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 sunflower seed based on the recommendations of the Commission for Agricultural Cost and Prices (CACP).
Historical Minimum Support Prices of Sunflower Seed in India
Crop Year Minimum Support Price (Per 100 Kgs)
2012-2013 Rs. 3,700
2011-2012 Rs. 2,800
2010-2011 Rs. 2,350
2009-2010 Rs. 2,215
2008-2009 Rs. 2,215
2007-2008 Rs. 1,510
2006-2007 Rs. 1,500
2005-2006 Rs. 1,500
2004-2005 Rs. 1,340
2003-2004 Rs. 1,250
2002-2003 Rs. 1,195
2001-2002 Rs. 1,185
2000-2001 Rs. 1,170
1999-2000 Rs. 1,155
1998-1999 Rs. 1,060
1997-1998 Rs. 1,000
1996-1997 Rs. 960
1995-1996 Rs. 950
1994-1995 Rs. 900
1993-1994 Rs. 850
1992-1993 Rs. 800
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