AreaNepal

Commodity GroupRice

CommodityAll

Date11/07/2023

Policy CategoryProduction

Policy InstrumentMinimum support prices

DescriptionSet minimum support prices (MSPs) for the 2023/24 season. In the case of common paddy, the MSP was set at NPR 33 620 (USD 249) per tonne, up 7.5 percent from levels set for 2022/23. On the other hand, the MSP for Mota Dhan paddy was set 7.8 percent above the 2022/23 level at NPR 31 980 (USD 237) per tonne.

NotesExchange rate as of 16 October 2023.