AreaIndia

Commodity GroupGrains

CommodityMaize and Sorghum

Date23/06/2023

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionApproved increases in minimum support prices (MSP) for 2023/24 Kharif crops. Maize increased from INR 1 962 to INR 2 090 per quintal (from USD 237.8 to USD 253.3 per tonne) and sorghum from INR 2 970 to INR 3 180 per quintal (from USD 360 to USD 385.4 per tonne).

Notes1 INR=0.012119 as per 7 June 2023