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Mustard Price: Mustard MSP Increased by RS400 Per Quintal

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Amidst record inflation of mustard, the central government has increased its minimum support price by Rs 400 for Rabi Marketing Season (RMS) 2022-23. With this, the government price of this significant oilseed crop has gone up to Rs 5050 per quintal. However, even now, the cost of mustard in the open market is running at Rs 7000 to 8000 per quintal.

Mustard MSP Increased by RS400 Per Quintal

In such a situation, experts believe that despite the increase in MSP, its government procurement will be significantly more minor. Because when the price is getting more than this in the market itself, why would a farmer sell it in the government market?

In the Rabi marketing season 2021-22, the MSP of mustard was increased by only Rs 225 per quintal. But this time Rs 400 has been increased. This is the second-biggest increase in the last 11 years. In RMS 2011-12, the government price of mustard was directly increased from Rs 1850 to Rs 2500. That is an increase of Rs 650 per quintal. For the time being, it remains to be seen whether the government procurement increases after the current increase made by the Modi government.

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Still, farmers will not sell mustard to the government.

Shankar Thakkar, national president of All India Edible Oil Traders Federation, says that mustard prices have been running above the minimum support price for the last two years. Earlier it used to stay below MSP. After Corona, there was a steady rise in mustard oil. The Food Safety and Standards Authority of India (FSSAI) has banned mixing any other oil in mustard oil. This has also affected the price.

The price of mustard had reached double the MSP in many mandis of Rajasthan. The cost of its oil has gone up to Rs 240 per litre. That’s why the farmers have sold the produce to the private sector instead of the mandis. The government does not have its stock. Despite the increase in MSP, the situation will remain the same next year as well.

Mustard production estimate

According to the fourth advance estimate of production of major crops for the year 2020-21 by the Ministry of Agriculture, the production of rapeseed and mustard is estimated at 10.11 million tonnes. This is a record in itself. Its production in the year 2005-06 was only 81.31 lakh tonnes. The contribution of mustard in edible oils is about 28 per cent. It is the second most crucial oilseed crop after soybean.

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What is the plan ahead?

To increase its production, the central government has started the Mustard Mission. Till now, it has been cultivated in 60 lakh hectares of the country. The government plans to bring about 9 million hectares of land under mustard cultivation and increase production to about 17 million tonnes by 2025-26.

Which state has the highest production

At present, Rajasthan alone produces 40.82 per cent of the total mustard production. Haryana is at number two, where about 13.33 per cent of the country’s mustard is made. The share of Madhya Pradesh in its output is 11.76, UP 11.40 and West Bengal 8.64 per cent.

Director of Mustard Research Center Bharatpur, Dr PK Rai, says that now the government’s focus is also in such states where conditions exist for the cultivation of mustard. Still, the farmers are not in this direction.

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Ashish Kumar Mishrahttps://www.spotnews18.com/
Ashish Kumar Mishra is the Founder and CEO at Spot News 18. He created Spot News 18 on 30 June 2019. His intention to make these News Websites was only to provide correct and official news to his readers. Now, he is working on Spot News 18 to expand his website reach to all parts of the world.

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