Question raised in Lok Sabha on Calculation of MSP, 12/02/2019. The detail of MSP of various agricultural crops during last year is given at Annexure I.

Agriculture and allied sector forms the bedrock of Indian economy as it engages more than 50% of the workforce and contributes about 17% to the country’s Gross Value Added (GVA). The developments in this sector are keenly watched by the policy makers, business, academia and other stakeholders. The flagship publication of Directorate of Economics & Statistics, namely ‘Agricultural Statistics at a Glance’ is one of the most reliable sources of information to gauge the performance of agriculture and allied sector in India.

Question raised in Lok Sabha on Minimum Support Price, 08/01/2019. Government generally increases the Minimum Support Prices (MSPs) of all notified crops on the basis of recommendations of the Commission for Agricultural Costs and Prices(CACP) which provide adequate return over cost of production. Government has substantially increased MSPs for all mandated crops for the season 2018-19. This decision of the Government was a historic one as it fulfills the commitment to the farmers to provide 50 per cent return over cost of production for the first time for all mandated crops.

The Directorate of Economics and Statistics brings out its flagship publication “Agricultural Statistics at a Glance” every year. The publication is widely used as a trusted source of information on various aspects of agriculture and allied sector, including crop production and productivity, growth and investment in agriculture, minimum support price, cost of production, terms of trade, imports and exports, land-use statistics, agricultural inputs, rainfall distribution, etc.

Question raised in Lok Sabha on MSP of Crops, 18/12/2018. Details of number of farmers benefited from procurement of kharif crops at minimum support price (MSP) from 2015-16 to 2018-19 is given in this document.

Question raised in Lok Sabha on Increase in MSP, 11/12/2018. Government generally increases the MSPs of all notified crops which provide adequate return over cost of production. Government has increased MSPs substantially for all mandated crops for the season 2018-19. This decision of the Government was a historic one as it fulfills the commitment to the farmers to provide 50 per cent return over cost of production for the first time for all mandated crops. Details of MSP, cost and percent return over cost for 2016-17, 2017-18 & 2018-19 is given at Annexure.