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Centre paid INR 3.47 tln to farmers in 2024-25 via minimum support prices
This story was originally published at 21:20 IST on 3 February 2026
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MUMBAI – The Centre paid INR 3.47 trillion to farmers in 2024-25 by way of minimum support prices for the mandated 22 crops, Ramnath Thakur, minister of state for agriculture and farmers welfare, said in written reply to the Lok Sabha Tuesday. The Centre had paid INR 2.63 trillion in 2023-24 and INR 2.47 trillion in 2022-23 as part of its efforts to help farmers by procuring crops at minimum support prices.
Total procurement of food grains in 2024-25 was 122.3 million tonnes, 108.9 million tonnes in 2023-24, and 111.8 million tonnes in 2022-23, the statement said. The Union Budget for 2018-19 (Apr-Mar) had announced the pre-determined principle to keep minimum support prices at levels at least one-and-half-times of the production cost.
The 22 mandated crops include 14 kharif crops, six rabi crops, and commercial crops jute and copra. The 14 kharif crops are paddy, jowar, bajra, maize, ragi, tur, moong, urad, groundnut, soybean, sunflower, sesamum, nigerseed, cotton. The six rabi crops are wheat, barley, gram, masur, rapeseed and mustard, and safflower. End
Reported by Ashutosh Pati
Edited by Ashish Shirke
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