The Indian government recently announced minimum support prices (MSPs) for major crops for the 2023-24 crop year. The post analyzes the key highlights from the absolute and percentage MSP hikes across cereals like paddy and wheat, pulses such as moong and urad, oilseeds including groundnut and soybean, and cotton.
Over the past decade, breakthroughs by India’s crop science research institutions have led to major advances in agriculture. New high yielding, disease resistant crop varieties have been introduced that can thrive in challenging climates.
As students preparing for exams in agriculture, economics or business, having an understanding of India’s processed fruit and vegetable export industry can help you demonstrate knowledge around a high-potential growth area.
The post shares key statistics about India’s Major Crop Production 2022-23. It includes a data table and visualization depicting production numbers for rice, wheat, maize and other major crops.