TABLE 5.15
Minimum Support Price for Crops
(Crop year basis) (Rs/Quintal)
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No. Commodities Variety 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 Absolute %Change
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1 Paddy (P) Common 230 270 310 340 360 380 20 5.6
FAQ 240 280 330 360 375 395 20 5.3
Super
fine 250 290 350 380 395 415 20 5.1
2 Wheat (P) FAQ 2751 3301 350 360 380 415 35 9.2
3 Coarse cereals FAQ 210 245 265 290 310 320 10 3.2
4 Maize FAQ 210 245 265 290 310 320 10 3.2
5 Barley FAQ 210 260 275 285 295 305 10 3.4
6 Gram FAQ 500 600 640 670 700 740 40 5.7
7 Arhar FAQ 545 640 700 760 800 840 40 5.0
8 Moong FAQ 545 640 700 760 800 840 40 5.0
9 Urad FAQ 545 640 700 760 800 840 40 5.0
10 Sugarcane2(S) FAQ 26 31 34.5 39.16 42.5
11 Cotton F-414/
H-777 695 800 900 1000 1150 1180 30 2.6
H-4 840 950 1050 1200 1350 1380 30 2.2
12 Groundnut FAQ 645 750 800 860 900 920 20 2.2
13 Jute TD-5 375 400 450 470 490 510 20 4.1
14 Rape and
mustard (S) FAQ 670 760 810 830 860 890 30 3.5
15 Sunflower FAQ 670 800 850 900 950 960 10 1.1
16 Soyabean Black 395 475 525 570 600 620 20 3.3
Yellow 445 525 580 650 680 700 20 2.9
17 Safflower FAQ 640 720 760 780 800 830 30 3.8
18 Toria FAQ 645 725 780 800 825 -
19 Tobacco VFC
F-23 1475 1600 1800 1850 1900 1900 - -
L-24 1600 1750 2000 2100 2150 2200 0.50 2.3
20 Copra (milling) FAQ5 1700 - 2150 2350 2500
Copra balls FAQ5 1850 - 2350 2575 2725
21 Sesamum FAQ - - - - 850 870 20 2.4
22 Niger seed FAQ - - - - 700 720 20 2.9
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P Procurement price. FAQ-Fair average quality. S - Statutory minimum price.
1 Including a central bonus of Rs.25.00 per quintal.
2 These prices are linked to a basic recovery of 8.5 per cent with a proportionate premium for
every 0.1 per cent increase above that level.
3 Black soil. 4 Light soil. 5 For calendar years 1991, 1992, 1993, 1994, 1995 and 1996.
6 Linked to a basic recovery of 8.5 per cent, subject to a premium of Rs.0.46 for every 0.1
percentage point increase in the recovery above that level upto 10 per cent and Rs 0.60 for
every 0.1 percentage point increase in the recovery above 10 per cent.
- Not announced.
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From the database of Ministry of Finance disseminated on Internet through NICNET