The Government of India has increased the Minimum Support Price (MSP) of maize from Rs. 980 per quintal to Rs. 1,175 per quintal for the crop year 2012-2013. This is an increase of Rs. 195 a quintal or 19.89 percent over last year’s MSP fixed for maize.
Minimum Support Price of Maize Enhanced from Rs. 980 to Rs. 1,175 Per Quintal
New Delhi (Delhi, India), October 14, 2019
Indian Government Ups Minimum Support Price (MSP) of Maize to Rs. 1,175 Per 100 Kgs
The Government of India has increased the Minimum Support Price (MSP) of maize of Fair Average Quality (FAQ) from Rs. 980 per quintal (100 Kilograms) to Rs. 1175 per quintal for the crop year 2012-2013 and marketing season 2013-2014.
This is an increase of Rs. 195 a quintal or 19.89 percent over last year’s Minimum Support Price fixed for maize.
The Cabinet Committee on Economic Affairs (CCEA) took this decision to hike the MSP of maize in its meeting held on Thursday, June 14, 2012 in New Delhi.
Every year, the Government of India determines the Minimum Support Price of maize based on the recommendations of the Commission for Agricultural Cost and Prices (CACP).
Historical Minimum Support Prices of Maize in India
Crop Year Minimum Support Price (Per 100 Kgs)
2012-2013 Rs. 1,175
2011-2012 Rs. 980
2010-2011 Rs. 880
2009-2010 Rs. 840
2008-2009 Rs. 840
2007-2008 Rs. 620
2006-2007 Rs. 540
2005-2006 Rs. 540
2004-2005 Rs. 525
2003-2004 Rs. 505
2002-2003 Rs. 485
2001-2002 Rs. 485
2000-2001 Rs. 445
1999-2000 Rs. 415
1998-1999 Rs. 390
1997-1998 Rs. 360
1996-1997 Rs. 320
1995-1996 Rs. 310
1994-1995 Rs. 290
1993-1994 Rs. 265
1992-1993 Rs. 245
Minimum Support Prices of Agricultural Commodities in India
Government of India – Minimum Support Prices of Various Agricultural Commodities
Indian Government – Plans, Policies, and Projects
Government of India – Current and Past Agricultural Plans, Policies, Programs, Projects, and Schemes
