Centre Raises MSP for 14 Kharif Crops

New Delhi: The Cabinet Committee on Economic Affairs on Wednesday approved an increase in Minimum Support Prices (MSP) for 14 kharif crops for the 2026-27 marketing season; There were higher increases in pulses, oilseeds and cotton.

The panel, chaired by Prime Minister Narendra Modi, approved the MSP revisions ahead of the kharif sowing season, which begins with the southwest monsoon in June.

MSP for paddy has been increased by Rs 72 to Rs 2,441 per quintal for common variety and Rs 2,461 per quintal for grade A. The highest increase was confirmed in sunflower seeds (Rs 622 per seed), followed by cotton (Rs 557), black cumin (Rs 515) and sesame (Rs 500).

Cotton MSP has been fixed at Rs 8,267 per quintal for medium-staple varieties and Rs 8,667 per quintal for long-staple varieties. Among oilseeds, soyabean (yellow) was increased to Rs 5,708 per quintal and groundnut to Rs 7,517 per quintal.

In pulses, tur (arhar) MSP has been increased to Rs 8,450 per quintal, urad to Rs 8,200 and moong to Rs 8,780 per quintal.

For coarse grains, jowar (hybrid) has been fixed at Rs 4,023 per quintal and Maldandi variety at Rs 4,073. Bajra MSP stands at Rs 2,900, ragi at Rs 5,205 and maize at Rs 2,410 per quintal.

Ashwini Vaishnaw said MSPs are fixed to ensure remunerative prices and are at least 50 per cent above the cost of production for all 14 crops.

Margins are estimated at 61 percent for moong, 56 percent for bajra and maize and 54 percent for tur. Margins for the remaining crops were fixed at 50 percent.

The government has projected a total payment of Rs 2.60 lakh crore to farmers and the procurement was estimated at 824.41 lakh tonnes.