Most Kharif Crops Sold Below MSP in October Amid Low State Intervention

Farmers in India recently sold most of their harvested rice, pulses, and oilseeds for less money than the government's guaranteed minimum price (MSP).

This happened in October because there was a lot of these crops available, partly due to good harvests and imports.

Only a few farmers, mostly those who sold rice to government buyers, got the MSP.

Prices for some crops were much lower than last year.

Experts think prices for pulses might go up later because of less supply, but only if the government limits cheap imports.

Prices for oilseeds are not expected to reach the MSP level until farmers have sold almost all of their crops.

While the government bought more rice than usual, more support is needed for other crops to help farmers get fair prices.