The Government of India has increased the Minimum Support Price (MSP) of Toria from Rs. 1,780 to Rs. 2,425 per quintal for the marketing season 2012-2013. This is an increase of Rs. 645 a quintal or 36.24 percent over last year’s MSP for toria.
Minimum Support Price of Toria Enhanced from Rs. 1,780 to Rs. 2,425 Per Quintal
New Delhi (Delhi, India), October 17, 2019
Indian Government Ups Minimum Support Price (MSP) of Toria to Rs. 2,425 Per 100 Kgs
The Government of India has increased the Minimum Support Price (MSP) of toria of Fair Average Quality (FAQ) from Rs. 1,780 per quintal (100 Kilograms) to Rs. 2,425 per quintal for the crop year 2011-2012 and marketing season 2012-2013.
This is an increase of Rs. 645 a quintal or 36.24 percent over last year’s Minimum Support Price for toria.
The Cabinet Committee on Economic Affairs (CCEA) took this decision to hike the MSP of toria in its meeting held on Tuesday, October 25, 2011 in New Delhi.
Every year, the Government of India determines the Minimum Support Price of toria based on the recommendations of the Commission for Agricultural Cost and Prices (CACP).
The Minimum Support Price of toria has been fixed on the basis of the normal market price differentials between toria and rapeseed/mustard.
The National Agricultural Cooperative Marketing Federation of India Limited (NAFED) will act as the Central Nodal Agency (CNA) to undertake price support operation of toria to be sold in 2012-2013.
The Department of Agriculture and Cooperation (DAC), being the nodal agency for implementing the Price Support Schemes (PSS), will take required steps like publicity of the decision regarding MSP of toria and issue of directions to NAFED for undertaking price support operations.
Historical Minimum Support Prices of Toria in India
Crop Year Minimum Support Price (Per 100 Kgs)
2011-2012 Rs. 2,425
2010-2011 Rs. 1,780
2009-2010 Rs. 1,735
2008-2009 Rs. 1,735
2007-2008 Rs. 1,735
2006-2007 Rs. 1,680
2005-2006 Rs. 1,680
2004-2005 Rs. 1,665
2003-2004 Rs. 1,565
2002-2003 Rs. 1,295
2001-2002 Rs. 1,265
2000-2001 Rs. 1,165
1999-2000 Rs. 1,065
1998-1999 Rs. 965
1997-1998 Rs. 905
1996-1997 Rs. 855
1995-1996 Rs. 825
1994-1995 Rs. 800
1993-1994 Rs. 780
1992-1993 Rs. 725
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
