Statsguru: Six charts show the rise in MSP for rabi marketing season

The government's decisions on MSP are often said to be driven also with an eye on food inflation

Sachin P Mampatta
Last Updated at October 23, 2022 21:27 IST

The correlation between MSP increase and food inflation has been declining according to a June 2022 Nomura report. Global prices remain a key driver

The government has offered a higher average increase in minimum support price (MSP) to farmers for the rabi marketing season of 2023-24. The average across six crops is 5.7 per cent compared with 4.2 per cent increase seen in the last season.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

MONTHLY

₹ 249

Select

ANNUAL

₹ 1799

Select

Best Offer

SMART ANNUAL

₹ 1499

₹ 1799

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Pick your 5 favourite companies, get a daily email with all news updates on them.
26 years of website archives.
Preferential invites to Business Standard events.