Markets and Trade
AreaIndia
Commodity GroupRice
CommodityAll
Date01/06/2020
Policy CategoryProduction
Policy InstrumentMinimum support prices
DescriptionRaised minimum support prices for paddy by 2.9 percent for the 2020/21 season. Accordingly, these were set at INR 18 680 (USD 255) per tonne in the case of common paddy and at INR 18 880 (USD 258) per tonne in the case of Grade A paddy.
NotesExchange rate as of 15 October 2020.