An Economic Analysis of Trends in Cost of Production and MSP in India

Objectives: To study a two-decade economic analysis of Minimum Support Price (MSP) trends compared to the cost production major crops India and understand real impact price policy formed by Government India.
 Methods: The period is from 1999 2019 (20 years) data sources consulted are Cost cultivation Farm Harvest Directorate economics statistics, support Commission for Agricultural Costs Prices (CACP) Awareness report farmers Questioner based survey. Compound annual growth rate percentage used as statistical tool this research. access impact, Tamil Nadu has been taken model state with two Paddy Cotton its comparative done reference states Punjab Maharashtra Cultivation components Profitability. 
 Findings: finding research unravels that Wheat, Groundnut getting supported largely due MSP policy, Black gram barely supportive there cutthroat competition between sugarcane not policy. profitability how labour in paddy profitable whereas cotton not.
 Novelty: Therefore, depicts supporting farming community on end. But it’s working fundamental system majority exercised low awareness inefficiency system.