Income Security for Farmers





Income Security for Farmers 
 The Government has set a target of doubling of farmers’ income by the year 2022. The Government has constituted an Inter-Ministerial Committee under the Chairmanship of Chief Executive Officer, National Rainfed Area Authority, Department of Agriculture, Cooperation and Farmers Welfare to examine issues relating to doubling of farmers’ income and recommend a strategy to achieve doubling of farmers’ income in real terms by the year 2022.  


At present, thirteen draft volumes of ‘Strategy for Doubling Farmers’ Income by 2022’ prepared by the Committee have been uploaded on the website of this Department (http://agricoop.nic.in/doubling-farmers) for seeking public opinion.
During the National Conference on “Agriculture-2022 – Doubling Farmers’ Income,” Hon’ble PM has mentioned four aspects for improving the income of farmers, viz; reducing input cost; ensuring a fair price for the produce; reducing wastage; and creating alternate sources of income. 
Further, NITI Aayog has constituted a Task Force for demonstrating doubling of farmer’s income through new business models and relieving farmers’ distress.
 Government announces minimum support prices (MSPs) for 22 mandated crops and fair and remunerative price (FRP) for sugarcane on the basis of recommendations of the Commission for Agricultural Costs & Prices (CACP), after considering the views of State Governments and Central Ministries/Departments concerned and other relevant factors. The mandated crops are 14 crops of the kharif season viz. paddy, jowar, bajra, maize, ragi, arhar, moong, urad, groundnut-in-shell, soyabean, sunflower, sesamum, nigerseed and cotton; 6 rabi crops viz. wheat, barley, gram, masur(lentil), rapeseed/mustard and safflower and two other commercial crops viz. jute and copra. In addition, the MSPs of toria and de-husked coconut are fixed on the basis of the MSPs of rapeseed/mustard and copra, respectively.

Government has announced its historic decision to fix MSP at a level of at least 150 per cent of the cost of production for kharif crops 2018-19 which redeems the promise made in the Union Budget for 2018-19. The MSP declared during 2012-13 to 2018-19 for various crops is at Annexure.
             Year-wise details of Budget Estimates of Ministry of Agriculture and Farmers Welfare during the last five years are as follow;

Year
Budget Estimates (Rs. in crore )
2014-15
31542.95
2015-16
25460.51
2016-17
45035.20
2017-18
51576.00
2018-19
58080.00
Total
                    211694.66

Annexure
Lok Sabha Un-starred Question No. 1058 for 24.07.2018
7 years MSP Statement
(Rs per quintal)

Sl. No.
Commodity
Variety
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19

KHARIF CROPS








1
PADDY
Common
1250
1310
1360
1410
1470
1550
1750


Grade 'A'
1280
1345
1400
1450
1510
1590
1770
2
JOWAR
Hybrid
1500
1500
1530
1570
1625
1700
2430


Maldandi
1520
1520
1550
1590
1650
1725
2450
3
BAJRA

1175
1250
1250
1275
1330
1425
1950
4
MAIZE

1175
1310
1310
1325
1365
1425
1700
5
RAGI

1500
1500
1550
1650
1725
1900
2897
6
ARHAR(Tur)

3850
4300
4350
4625^
5050^^
5450^
5675
7
MOONG

4400
4500
4600
4850^
5225^^
5575^
6975
8
URAD

4300
4300
4350
4625^
5000^^
5400^
5600
9
COTTON
Medium Staple
3600
3700
3750
3800
3860
4020
5150


Long Staple
3900
4000
4050
4100
4160
4320
5450
10
GROUNDNUT IN SHELL

3700
4000
4000
4030
4220*
4450^
4890
11
SUNFLOWER SEED

3700
3700
3750
3800
3950*
4100*
5388
12
SOYABEEN
Black
2200
2500
2500
-
 -
 -
 -


Yellow ##
2240
2560
2560
2600
2775*
3050^
3399
13
SESAMUM

4200
4500
4600
4700
5000^
5300*
6249
14
NIGERSEED

3500
3500
3600
3650
3825*
4050*
5877

RABI CROPS








15
WHEAT

1350
1400
1450
1525
1625
1735

16
BARLEY

980
1100
1150
1225
1325
1410

17
GRAM

3000
3100
3175
3500**
4000^

18
MASUR (LENTIL)

2900
2950
3075
3400**
4250*

19
RAPESEED/MUSTARD

3000
3050
3100
3350
3700*
4000*

20
SAFFLOWER

2800
3000
3050
3300
3700*
4100*

21
TORIA

2970
3020
3020
3290
3560
3900*


OTHER CROPS








22
COPRA
Milling
5100
5250
5250
5550
5950
6500
7511

(Calender Year)
Ball
5350
5500
5500
5830
6240
6785
7750
23
DE-HUSKED COCONUT  (Calender Year)

1400
1425
1425
1500
1600
1760
2030
24
JUTE

2200
2300
2400
2700
3200
3500
3700
25
SUGARCANE#

170
210
220
230
230
255
275
#
Fair and remunerative price.







##
Single MSP of Soyabean (yellow) is recommended by CACP since 2015-16,  as black variety of soyabean is no longer

 cultivated in major producing states.  Since 2015-16,MSP of Soyabean yellow is also applicable to black variety
*
Including Bonus of Rs. 100 per quintal.
**
Including Bonus of Rs. 75 per quintal .
^
Including Bonus of Rs. 200 per quintal.
^^
Including Bonus of Rs. 425 per quintal.
@
including bonus of Rs. 150 per quintal


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