Is increasing MSP result in increasing area under annual edible oilseed crops?
Is increasing MSP result in increasing area under annual edible oilseed crops?
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Keywords:
Area and productivity, Cost of cultivation, Minimum support priceAbstract
Oilseed crops are the second most important determinant of the agricultural economy, next only to cereals within the segment of field crops. The present study assessed the trend and relationship between MSP, CoC, area and productivity of oilseed crops. The data collected from secondary sources such as from DA&FW, CACP and frontline demonstration reports were used for analysis. The increase in Minimum Support Price (MSP) during 2017 to 2021 ranged from 73.3% in rapeseed -mustard to 29.5% in niger crop. The Cost of cultivation (CoC) has increased steadily for all the oilseed crops. The area under different oilseed crop increased except for sunflower (-6.0%), safflower (-21.9%) and niger (-50.8). The productivity for all the oilseed crops showed increasing trend.
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References
Mahalle S L, Anil Kumar Rohilla, Ajay Yadav and Shailija Thakur 2018. Minimum Support Price to Farmers in India. Kheti, 6(2).
Gill J S, Surabhi Sharma and Komaldeep Kaur 2017. Assessing of Minimum Support Price for agricultural crops and production cost in Punjab State. 3rd International Multitrack Conference on Sciences, Engineering and Technical Innovations, pp.1-3.