Maize farmers lost 71 crore in last 15 days: MSP Loot Calculator

As per Thursday’s announcement, farmers showcased the disparity between maize’s market price and MSP.


After showcasing losses incurred during the sale of chana, farmers’ Minimum Support Price (MSP) Loot Calculator now shows that they were robbed of Rs 71 crore during the sale of maize crop in the first 15 days of March 2021, said the Jai Kisan Andolan.

On March 19, while MSP for maize was declared to be Rs. 1,850 per quintal, farmers received an average of Rs. 1,465 per quintal. The biggest loss was for Madhya Pradesh farmers who lost Rs. 30 crore by March 15.

Among the main maize producing states, a Madhya Pradesh farmer could only sell his crop for Rs. 1,285 per quintal on an average. This means that the maize farmer endured a loss of Rs. 566 per quintal. Other than Madhya Pradesh, Telangana maize farmers suffered a loss of Rs. 8 crore and Rajasthan farmers suffered a loss of Rs. 10 crore.

“Farmer suffered a loss of Rs. 385 per quintal due to selling less than the minimum price set by the government. Between March 1 and March 15, farmers lost Rs. 71 crore. If this market price continues and the government does not intervene, maize crop alone will cost farmers Rs. 498 crore this year,” said the farmers’ organisation in a press release.


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