Maize has the lowest C2 CoP among all kharif crops
The Commission for Agricultural Costs and Prices (CACP) has projected the cost of production (CoP) of the kharif (summer-sown) crops of India for the kharif marketing season (KMS) 2023-24. Based on these costs, CACP had recommended the minimum support price (MSP) for the kharif crops that were approved by the Indian government on June 7, 2023.
For calculating the CoP, the CACP takes into consideration A2 (actual paid-out cost), A2+FL (actual paid-out cost plus imputed value of family labour) and C2 [comprehensive cost including rental value of own land [net of land revenue and interest on the value of own fixed capital assets (excluding land)] costs. The commission takes the state-wise actual cost estimates to project the CoP for each crop.
The commission has considered the cost of production in KMS 2022-23 for projecting the CoPs for the KMS 2023-24.
The projected C2 CoP for the coming kharif season has been calculated for paddy at Rs 1,911 per quintal (1 quintal=100 kg). The MSP for common and Grade A varieties of paddy is Rs 2,183 per quintal and Rs 2,203 per quintal respectively. The C2 COP for maize is pegged at Rs 1,797 per quintal while its MSP is Rs 2,090 per quintal for the KMS 2023-24.
Among the coarse cereals, the projected cost of production is the lowest for bajra (pearl millet) at Rs 1,811 per quintal followed by jowar (sorghum) and ragi (finger millet) at Rs 2,833 per quintal and Rs 3,328 per quintal respectively. The MSP for bajra, jowar (hybrid), jowar (maldandi) and ragi is Rs 2,500 per quintal, Rs 3,180 per quintal, Rs 3,225 per quintal and Rs 3,846 per quintal respectively.
Among the kharif pulses, the projected C2 CoP for arhar or tur (pigeon pea), urad (black gram) and moong (green gram) are Rs 5,993 per quintal, Rs 6,239 per quintal and Rs 7,218 per quintal respectively. The MSP for arhar/tur, urad and moong is Rs 7,000 per quintal, Rs 6,950 per quintal and Rs 8,558 per quintal respectively.
In the kharif oilseeds, the CACP has calculated the projected C2 CoP for groundnut, sunflower seed, soybean, sesamum and nigerseed at Rs 5,350 per quintal, Rs 5,960 per quintal, Rs 4,019 per quintal, Rs 7,864 per quintal and Rs 6,793 per quintal respectively. The MSP for groundnut, sunflower seed, soyabean, sesamum and nigerseed is Rs 6,377 per quintal, Rs 6,760 per quintal, Rs 4,600 per quintal, Rs 8,635 per quintal and Rs 6,377 per quintal respectively.
As per the CACP calculations, the projected C2 CoP for cotton for the KMS 2023-24 is Rs 5,786 per quintal. The MSP for medium staple and long staple varieties of cotton is Rs 6,620 per quintal and Rs 7,020 per quintal respectively.
All-India projected cost of production of kharif crops and MSP for KMS 2023-24
| Crop | Projected yield (Quintals per hectare) | Cost of production for KMS 2023-24 (Rs per quintal) | MSP for 2023-24 (Rs per quintal) | ||
| *A2 | **A2+FL | #C2 | |||
| Paddy (Common) | 43.66 | 1,129 | 1,455 | 1,911 | 2,183 |
| Paddy Grade A | 2,203 | ||||
| Jowar (Hybrid) | 13.56 | 1,595 | 2,120 | 2,833 | 3,180 |
| Jowar (Maldandi) | 3,225 | ||||
| Bajra | 16.87 | 809 | 1,371 | 1,811 | 2,500 |
| Ragi | 19.02 | 1,857 | 2,564 | 3,328 | 3,846 |
| Maize | 36.96 | 1,086 | 1,394 | 1,797 | 2,090 |
| Tur (Arhar) | 11.68 | 3,452 | 4,444 | 5,993 | 7,000 |
| Moong | 4.87 | 3,495 | 5,705 | 7,218 | 8,558 |
| Urad | 6.02 | 3,548 | 4,592 | 6,239 | 6,950 |
| Groundnut | 15.89 | 3,564 | 4,251 | 5,350 | 6,377 |
| Sunflower seed | 8.65 | 3,759 | 4,505 | 5,960 | 6,760 |
| Soyabean | 12.42 | 2,636 | 3,029 | 4,019 | 4,600 |
| Sesamum | 5.09 | 3,424 | 5,755 | 7,864 | 8,635 |
| Nigerseed | 3.69 | 1,876 | 5,156 | 6,793 | 7,734 |
| Cotton (Medium staple) | 15.99 | 3,615 | 4,411 | 5,786 | 6,620 |
| Cotton (Long staple) | 7,020 | ||||
Source: CACP calculations
* A2: Actual paid-out cost
** A2+FL: Actual paid-out cost plus imputed value of family labour
# C2: Comprehensive cost including the rental value of own land [net of land revenue and interest on the value of own fixed capital assets (excluding land)]
Note: All-India cost of production of a crop is the weighted average of CoPs of projected states
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2023-24 ਦੌਰਾਨ ਸਾਉਣੀ ਦੀਆਂ ਫ਼ਸਲਾਂ ਦੀ ਪੈਦਾਵਾਰ ਲਾਗਤ
2023-24 ਦੌਰਾਨ ਸਾਉਣੀ ਦੀਆਂ ਫ਼ਸਲਾਂ ਦੀ ਪੈਦਾਵਾਰ ਲਾਗਤ2023-24 में खरीफ फ़सलों की उत्पादन लागत