An important decision for farmers has emerged. According to reports, the Cabinet Committee on Economic Affairs (CCEA) approved a hike in the Minimum Support Price (MSP) for 14 kharif crops for marketing season 2026-27.
Key points
- Common paddy MSP raised to Rs 2,441 per quintal (up Rs 72)
- Highest hike of Rs 622/quintal for sunflower seed, Rs 557 for cotton
- Estimated benefit of about Rs 2.6 lakh crore to farmers
The government says higher MSP for pulses and oilseeds aims to encourage crop diversification and cut import dependence.
