India MSP of Safflower (RMS, ₹/Quintal)
Source: statSCALAR
Key Takeaway
- The MSP for safflower increased from ₹5,441 per quintal in 2022–23 to ₹7,215 in 2027–28, a rise of approximately 32.6%. The supplied CAGR is 6%. The largest annual increase in the displayed series occurs between 2025–26 and 2026–27, when the MSP rises from ₹5,940 to ₹6,540. This change makes the final seasons particularly important when reviewing the safflower support-price trajectory.
About This Dataset
This dataset tracks the Government of India’s Minimum Support Price (MSP) for safflower under the Rabi Marketing Season (RMS), expressed in ₹ per quintal. Safflower is generally sown during September–November and harvested from February to April, while sales and procurement typically follow harvest and vary by region. The RMS generally runs from 1 April to 31 March of the following year, supporting historical MSP trend and procurement analysis.
Methodology
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