Benefit
Govt benefit
Deadline
Ongoing
Beneficiaries
85,000,000
Sector
Cereals, Pulses
Overview
MSP ensures minimum remunerative prices for farmers producing 23 crops covering cereals, pulses, oilseeds and commercial crops with government procurement at announced prices.
Launched on 01 Jan 1966
Benefits
Payment mode
Direct Payment
Guaranteed minimum price at 1.5x production cost, Assured procurement, Income stability
Scheme components:
- Price Support
- Procurement
- Market Intervention
Eligibility
- Categories
- All Farmers
- Beneficiary type
- Individual
- Age
- 18 – no upper limit years
- Land holding
- 0.01 – any acres
- Gender
- All
- States
- All India
How to apply
Application mode: Offline
- Sell crops at designated procurement centers during season.
Documents required
- Land Records
- Crop Details
- Aadhaar
- Bank Account
Official links & contacts
Impact & success
Wheat MSP increased from ₹1,975 to ₹2,425, Farmers protected from market volatility