In financial year 2024, the minimum support price of black gram was nearly seven thousand Indian rupees in India. Black gram, commonly called urad, is widely consumed in the south Asian country as a source of protein. MSP is a market intervention and farmer income scheme by the Indian government. The effectiveness of MSP, however, varies depending on the region largely due to the lack of farmer awareness.
Minimum support price for black gram in India from financial year 2019 to 2024
(in Indian rupees per quintal)
The source did not provide a release date. Thus, the date given here is the date of data access.
India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.
One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of November 2023).
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DES (India) (farmer.gov.in). (December 19, 2023). Minimum support price for black gram in India from financial year 2019 to 2024 (in Indian rupees per quintal) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1424073/india-black-gram-minimum-support-price/
DES (India) (farmer.gov.in). "Minimum support price for black gram in India from financial year 2019 to 2024 (in Indian rupees per quintal)." Chart. December 19, 2023. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1424073/india-black-gram-minimum-support-price/
DES (India) (farmer.gov.in). (2023). Minimum support price for black gram in India from financial year 2019 to 2024 (in Indian rupees per quintal). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1424073/india-black-gram-minimum-support-price/
DES (India) (farmer.gov.in). "Minimum Support Price for Black Gram in India from Financial Year 2019 to 2024 (in Indian Rupees per Quintal)." Statista, Statista Inc., 19 Dec 2023, https://www.statista.com/statistics/1424073/india-black-gram-minimum-support-price/
DES (India) (farmer.gov.in), Minimum support price for black gram in India from financial year 2019 to 2024 (in Indian rupees per quintal) Statista, https://www.statista.com/statistics/1424073/india-black-gram-minimum-support-price/ (last visited January 08, 2025)
Minimum support price for black gram in India from financial year 2019 to 2024 (in Indian rupees per quintal) [Graph], DES (India) (farmer.gov.in), December 19, 2023. [Online]. Available: https://www.statista.com/statistics/1424073/india-black-gram-minimum-support-price/
