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Policy
Relief for Farmers: MSP Raised for 14 Kharif Crops, Rs 2.6 Lakh Crore Benefit Estimated
📖 VG Khabar
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 pointsCommon paddy MSP raised to Rs 2,441 per quintal (up Rs 72)Highest hike of Rs 622/quintal for sunflower seed, Rs 557 for cottonEstimated benefit of about Rs 2.6 lakh crore to farmersThe government says higher MSP for pulses and oilseeds aims to encourage crop diversification and cut import dependence.