The Government of India has increased the Minimum Support Price (MSP) of safflower from Rs. 1,800 to Rs. 2,500 per quintal for the marketing season 2012-2013. This is an increase of Rs. 700 a quintal or 38.89 percent over last year’s MSP for safflower.
Minimum Support Price of Safflower Enhanced from Rs. 1,800 to Rs. 2,500 Per Quintal
New Delhi (Delhi, India), October 17, 2019
Indian Government Ups Minimum Support Price (MSP) of Safflower to Rs. 2,500 Per 100 Kgs
The Government of India has increased the Minimum Support Price (MSP) of safflower from Rs. 1,800 per quintal (100 Kilograms) to Rs. 2,500 per quintal for the crop year 2011-2012 and marketing season 2012-2013.
This is an increase of Rs. 700 a quintal or 38.89 percent over last year’s Minimum Support Price for safflower.
The Cabinet Committee on Economic Affairs (CCEA) took this decision to hike the MSP of safflower in its meeting held on Tuesday, October 25, 2011 in New Delhi.
Every year, the Government of India determines the Minimum Support Price of safflower based on the recommendations of the Commission for Agricultural Cost and Prices (CACP).
Historical Minimum Support Prices of Safflower in India
Crop Year Minimum Support Price (Per 100 Kgs)
2011-2012 Rs. 2,500
2010-2011 Rs. 1,800
2009-2010 Rs. 1,680
2008-2009 Rs. 1,650
2007-2008 Rs. 1,650
2006-2007 Rs. 1,565
2005-2006 Rs. 1,565
2004-2005 Rs. 1,550
2003-2004 Rs. 1,500
2002-2003 Rs. 1,300
2001-2002 Rs. 1,300
2000-2001 Rs. 1,200
1999-2000 Rs. 1,100
1998-1999 Rs. 990
1997-1998 Rs. 910
1996-1997 Rs. 830
1995-1996 Rs. 800
1994-1995 Rs. 780
1993-1994 Rs. 760
1992-1993 Rs. 720
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
