In India, 23 crops are covered under the Minimum Support Price (MSP) system. MSP is announced by the government to ensure farmers get a guaranteed price for their produce.
Breakdown of MSP Crops
- Kharif Crops (14 crops)
- Paddy (rice)
- Maize
- Jowar
- Bajra
- Ragi
- Tur (Arhar)
- Moong
- Urad
- Groundnut
- Soybean
- Sunflower
- Sesamum
- Nigerseed
- Cotton
- Rabi Crops (6 crops)
- Wheat
- Barley
- Gram
- Masur (lentil)
- Rapeseed & Mustard
- Safflower
- Other Crops (3 crops)
- Copra
- Jute
- Sugarcane (Fair and Remunerative Price instead of MSP, but often included in discussions)
Why MSP Is Important
- Provides income security to farmers
- Protects farmers from price fluctuations
- Encourages production of essential crops
Final Insight
The MSP system covers 23 major crops to stabilize agricultural prices and support farmers, especially during uncertain market conditions.c