In financial year 2023, the minimum support price of ragi in India was the highest, amounting to more than 3.5 thousand rupees per quintal, while barley had the lowest at 1.6 thousand rupees per quintal that year. MSP is the cost the government offers to safeguard famers to ensure minimum profit. The MSP is based on recommendations from an advisory board of the Ministry of Agriculture.
Minimum support price in India from financial year 2019 to 2023, by crop type (in Indian rupees per quintal)
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DFPD. (May 10, 2023). Minimum support price in India from financial year 2019 to 2023, by crop type (in Indian rupees per quintal) [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1383538/india-minimum-support-price-by-crop-type/
DFPD. "Minimum support price in India from financial year 2019 to 2023, by crop type (in Indian rupees per quintal)." Chart. May 10, 2023. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1383538/india-minimum-support-price-by-crop-type/
DFPD. (2023). Minimum support price in India from financial year 2019 to 2023, by crop type (in Indian rupees per quintal). Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1383538/india-minimum-support-price-by-crop-type/
DFPD. "Minimum Support Price in India from Financial Year 2019 to 2023, by Crop Type (in Indian Rupees per Quintal)." Statista, Statista Inc., 10 May 2023, https://www.statista.com/statistics/1383538/india-minimum-support-price-by-crop-type/
DFPD, Minimum support price in India from financial year 2019 to 2023, by crop type (in Indian rupees per quintal) Statista, https://www.statista.com/statistics/1383538/india-minimum-support-price-by-crop-type/ (last visited May 23, 2024)
Minimum support price in India from financial year 2019 to 2023, by crop type (in Indian rupees per quintal) [Graph], DFPD, May 10, 2023. [Online]. Available: https://www.statista.com/statistics/1383538/india-minimum-support-price-by-crop-type/