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Value of govt's MSP purchase of crops grew just 2.9% annually since FY21
Financial Express Kochi
|July 23, 2025
THE VALUE OF the government's procurement of agricultural crops including paddy, wheat, pulses, oilseeds, cotton and copra under the minimum support price (MSP) has witnessed an average annual growth of around 2.89% in the last five years, according to data submitted to Parliament by the agriculture ministry.
The government procured 117 million tonne (MT) of agri-commodities at MSP valued at ₹ 3.33 lakh crore in 2024-25 season from farmers, against purchase of 136 MT valued at ₹ 2.91 lakh crore in 2
This story is from the July 23, 2025 edition of Financial Express Kochi.
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