In financial year 2024, the minimum support price of moong was the highest among pulses, while gram had the lowest support prices that same year. MSP is a market intervention and farmer income scheme by the Indian government. The effectiveness of MSP, however, varies depending on the region largely due to the lack of farmer awareness.
Minimum support price for pulses in India in financial year 2024, by type
(in Indian rupees per quintal)
The source did not provide a release date. Thus, the date given here is the date of data access.
India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.
One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of November 2023).
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DES (India) (farmer.gov.in). (November 16, 2023). Minimum support price for pulses in India in financial year 2024, by type (in Indian rupees per quintal) [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1423994/india-pulses-minimum-support-price-by-type/
DES (India) (farmer.gov.in). "Minimum support price for pulses in India in financial year 2024, by type (in Indian rupees per quintal)." Chart. November 16, 2023. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1423994/india-pulses-minimum-support-price-by-type/
DES (India) (farmer.gov.in). (2023). Minimum support price for pulses in India in financial year 2024, by type (in Indian rupees per quintal). Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1423994/india-pulses-minimum-support-price-by-type/
DES (India) (farmer.gov.in). "Minimum Support Price for Pulses in India in Financial Year 2024, by Type (in Indian Rupees per Quintal)." Statista, Statista Inc., 16 Nov 2023, https://www.statista.com/statistics/1423994/india-pulses-minimum-support-price-by-type/
DES (India) (farmer.gov.in), Minimum support price for pulses in India in financial year 2024, by type (in Indian rupees per quintal) Statista, https://www.statista.com/statistics/1423994/india-pulses-minimum-support-price-by-type/ (last visited December 14, 2024)
Minimum support price for pulses in India in financial year 2024, by type (in Indian rupees per quintal) [Graph], DES (India) (farmer.gov.in), November 16, 2023. [Online]. Available: https://www.statista.com/statistics/1423994/india-pulses-minimum-support-price-by-type/
