Corn (maize) has the lowest projected production cost among all kharif crops
Farming Cosmos report: The comprehensive (C2) cost of production (CoP) for paddy for the kharif marketing season (KMS) 2024-25 is Rs 2,008 per quintal (1 quintal=100 kg). The Commission for Agricultural Costs and Prices (CACP) has projected the (CoP) of the kharif (summer-sown) crops of India for the KMS 2024-25.
The commission had recommended the minimum support price (MSP) based on the CoP for the kharif crops, which was approved and announced by the Indian government on June 19, 2024.
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 2024-25.
Against the projected C2 CoP of Rs 2,008 per quintal for paddy, the MSP for common and Grade A varieties of paddy is Rs 2,300 per quintal and Rs 2,320 per quintal respectively. The C2 COP for corn (maize) is pegged at Rs 1,863 per quintal while its MSP is Rs 2,225 per quintal for the KMS 2024-25.
Among the coarse cereals, the projected cost of production is the lowest for bajra (pearl millet) at Rs 1,963 per quintal followed by jowar (sorghum) and ragi (finger millet) at Rs 2,958 per quintal and Rs 3,465 per quintal respectively. The MSP for bajra, jowar (hybrid), jowar (maldandi) and ragi is Rs 2,625 per quintal, Rs 3,371 per quintal, Rs 3,421 per quintal and Rs 4,290 per quintal respectively.
Among the kharif pulses, the projected C2 CoP for arhar or tur (pigeon pea), urad (black gram) and moong (green gram) is Rs 6,504 per quintal, Rs 6,496 per quintal and Rs 7,304 per quintal respectively. The MSP for arhar/tur, urad and moong is Rs 7,550 per quintal, Rs 7,400 per quintal and Rs 8,682 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 5,664 per quintal, Rs 6,594 per quintal, Rs 4,291 per quintal, Rs 8,152 per quintal and Rs 7,342 per quintal respectively. The MSP for groundnut, sunflower seed, soybean, sesamum and nigerseed is Rs 6,783 per quintal, Rs 7,280 per quintal, Rs 4,892 per quintal, Rs 9,267 per quintal and Rs 8,717 per quintal respectively.
As per the CACP calculations, the projected C2 CoP for cotton for the KMS 2024-25 is Rs 6,230 per quintal. The MSP for medium staple and long staple varieties of cotton is Rs 7,121 per quintal and Rs 7,521 per quintal respectively.
All-India projected cost of production of kharif crops and MSP for KMS 2024-25
| Crop | Projected yield (Quintals per hectare) | Cost of production for KMS 2024-25 (Rs per quintal) | MSP for 2024-25 (Rs per quintal) | ||
| *A2 | **A2+FL | #C2 | |||
| Paddy (Common) | 43.73 | 1,189 | 1,533 | 2,008 | 2,300 |
| Paddy Grade A | 2,320 | ||||
| Jowar (Hybrid) | 13.56 | 1,679 | 2,247 | 2,958 | 3,371 |
| Jowar (Maldandi) | 3,421 | ||||
| Bajra | 16.59 | 903 | 1,485 | 1,936 | 2,625 |
| Ragi | 18.04 | 2,062 | 2,860 | 3,465 | 4,290 |
| Maize | 38.02 | 1,135 | 1,447 | 1,863 | 2,225 |
| Tur (Arhar) | 10.81 | 3,677 | 4,761 | 6,504 | 7,550 |
| Moong | 5.18 | 3,536 | 5,788 | 7,304 | 8,682 |
| Urad | 6.06 | 3,781 | 4,883 | 6,496 | 7,400 |
| Groundnut | 16.17 | 3,793 | 4,522 | 5,664 | 6,783 |
| Sunflower seed | 8.04 | 4,036 | 4,853 | 6,594 | 7,280 |
| Soyabean | 12.15 | 2,829 | 3,261 | 4,291 | 4,892 |
| Sesamum | 5.02 | 3,611 | 6,178 | 8,152 | 9,267 |
| Nigerseed | 3.72 | 1,888 | 5,811 | 7,342 | 8,717 |
| Cotton (Medium staple) | 15.29 | 3,845 | 4,747 | 6,230 | 7,121 |
| Cotton (Long staple) | 7,521 | ||||
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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2024-25 ਦੌਰਾਨ ਸਾਉਣੀ ਦੀਆਂ ਫ਼ਸਲਾਂ ਦੀ ਪੈਦਾਵਾਰ ਲਾਗਤ
2024-25 में खरीफ फ़सलों की उत्पादन लागत