Business EconomyPosted at: May 13 2026 5:13PM


CCEA raises MSP for Kharif crops for 2026-27, announces major hike for sunflower, cotton

New Delhi, May 13 (UNI) The Cabinet Committee on Economic Affairs today approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2026-27 marketing season, with the sharpest hikes announced for sunflower seed, cotton, nigerseed and sesamum, as the government sought to ensure higher returns to farmers ahead of the sowing season.
‎Briefing reporters after the Cabinet meeting, union Information and Broadcasting Minister Ashwini Vaishnaw said the revised MSPs were aimed at ensuring “remunerative prices” to growers and maintaining the government’s commitment to provide at least 1.5 times the weighted average cost of production for crops.
‎“The government has increased the MSP of Kharif crops for Marketing Season 2026-27 to ensure remunerative prices to the growers for their produce,” Vaishnaw said.
‎According to the Cabinet decision, sunflower seed recorded the highest absolute increase in MSP at Rs 622 per quintal, taking the new MSP to Rs 8,343 per quintal. Cotton MSP was raised by Rs 557 per quintal, while nigerseed saw an increase of Rs 515 and sesamum by Rs 500 per quintal.
‎The MSP for common paddy, the country’s principal Kharif crop, was increased by Rs 72 to Rs 2,441 per quintal for the 2026-27 season, while Grade A paddy was fixed at Rs 2,461 per quintal.
‎Among pulses, tur/arhar MSP was raised by Rs 450 to Rs 8,450 per quintal, urad by Rs 400 to Rs 8,200 per quintal and moong by Rs 12 to Rs 8,780 per quintal. In oilseeds, soybean MSP was increased by Rs 380 to Rs 5,708 per quintal and groundnut by Rs 254 to Rs 7,517 per quintal.
‎For coarse cereals and nutri-cereals, the MSP for bajra was fixed at Rs 2,900 per quintal, maize at Rs 2,410, ragi at Rs 5,205 and hybrid jowar at Rs 4,023 per quintal.
‎The Minister said the revised MSP structure remained in line with the union Budget 2018-19 announcement that MSPs would be fixed at a level of at least 1.5 times the all-India weighted average cost of production. The estimated margins over production cost are highest for moong at 61 per cent, followed by bajra and maize at 56 pc each and tur/arhar at 54 pc. For the remaining crops, the expected margin has been estimated at around 50 pc.
‎The government also highlighted its continued policy emphasis on encouraging farmers to shift towards pulses, oilseeds and nutri-cereals, also known as Shree Anna, by offering comparatively higher MSPs for these crops.
‎A Cabinet note also pointed to a substantial rise in government procurement and MSP payments during the last decade. It said procurement of paddy during 2014-15 to 2025-26 stood at 8,418 lakh metric tonnes (LMT), compared to 4,590 LMT during 2004-05 to 2013-14.
‎Similarly, procurement of all 14 Kharif crops rose to 8,746 LMT during 2014-15 to 2025-26 from 4,679 LMT in the preceding decade.
‎The government said MSP payments to paddy farmers increased sharply to Rs 16.08 lakh crore during 2014-15 to 2025-26, compared to Rs 4.44 lakh crore during 2004-05 to 2013-14. Total MSP payments to growers of the 14 Kharif crops rose to Rs 18.99 lakh crore during the same period, up from Rs 4.75 lakh crore in the earlier decade.
‎According to officials, the MSP revisions were intended to provide price assurance to farmers amid rising cultivation costs and strengthen domestic production of pulses and edible oil crops, sectors where India continues to depend significantly on imports.
UNI SKA SS‎
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Tags: #CCEA raises MSP for Kharif crops for 2026-27# announces major hike for sunflower# cotton
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