<p>New Delhi: The Centre on Wednesday announced a rise in the minimum support price (<a href="https://www.deccanherald.com/tags/msp">MSP</a>) for <a href="https://www.deccanherald.com/tags/paddy">paddy</a> by Rs 72 to Rs 2,441 per quintal for the 2026-27 <a href="https://www.deccanherald.com/tags/kharif">kharif</a> marketing season (September-October), with significantly higher increases for pulses, oilseeds, and cotton to encourage crop diversification and reduce import dependence.</p><p>The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the MSPs for 14 kharif crops ahead of the sowing season, which begins in June with the arrival of the southwest monsoon.</p><p>For paddy, the MSP has been set at Rs 2,441 per quintal for the common variety and Rs 2,461 per quintal for A-grade.</p><p>The MSP for cotton (medium staple) has been raised by Rs 557 to Rs 8,267 per quintal, while the long staple variety will fetch Rs 8,667 per quintal – the second-highest absolute increase among all crops.</p><p>The highest absolute increase, however, has been recommended for sunflower seed at Rs 622 per quintal, taking its MSP to Rs 8,343 per quintal.</p><p>Nigerseed (up Rs 515 to Rs 10,052/qtl) and sesamum (up Rs 500 to Rs 10,346/qtl) also received significant increases.</p>.Kharif food grain production estimated at 173.3 million tonnes.<p>Among other oilseeds, soyabean (yellow) was raised by Rs 380 to Rs 5,708 per quintal and groundnut by Rs 254 to Rs 7,517 per quintal.</p><p>In 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, while moong saw a marginal increase of Rs 12 to Rs 8,780 per quintal.</p><p>For other cereals, jowar (hybrid) MSP has been fixed at Rs 4,023 per quintal (up Rs 324), with the Maldandi variety at Rs 4,073 per quintal.</p><p>Bajra has been raised by Rs 125 to Rs 2,900 per quintal, ragi by Rs 319 to Rs 5,205 per quintal, and maize by Rs 10 to Rs 2,410 per quintal.</p><p>The MSPs have been fixed to ensure remunerative prices for farmers, with returns of at least 50 per cent above the cost of production for all 14 crops,</p><p>Information and Broadcasting Minister Ashwini Vaishnaw told media.</p><p>The highest margin is for moong (61 per cent), followed by bajra and maize (56 per cent each) and tur (54 per cent).The government estimates the total payout to farmers at Rs 2.60 lakh crore, with projected procurement of 824.41 lakh tonnes.</p><p>The hike in MSP for oilseeds and pulses is seen as a strategic move to boost domestic production and lower the country’s reliance on imports.</p>
<p>New Delhi: The Centre on Wednesday announced a rise in the minimum support price (<a href="https://www.deccanherald.com/tags/msp">MSP</a>) for <a href="https://www.deccanherald.com/tags/paddy">paddy</a> by Rs 72 to Rs 2,441 per quintal for the 2026-27 <a href="https://www.deccanherald.com/tags/kharif">kharif</a> marketing season (September-October), with significantly higher increases for pulses, oilseeds, and cotton to encourage crop diversification and reduce import dependence.</p><p>The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the MSPs for 14 kharif crops ahead of the sowing season, which begins in June with the arrival of the southwest monsoon.</p><p>For paddy, the MSP has been set at Rs 2,441 per quintal for the common variety and Rs 2,461 per quintal for A-grade.</p><p>The MSP for cotton (medium staple) has been raised by Rs 557 to Rs 8,267 per quintal, while the long staple variety will fetch Rs 8,667 per quintal – the second-highest absolute increase among all crops.</p><p>The highest absolute increase, however, has been recommended for sunflower seed at Rs 622 per quintal, taking its MSP to Rs 8,343 per quintal.</p><p>Nigerseed (up Rs 515 to Rs 10,052/qtl) and sesamum (up Rs 500 to Rs 10,346/qtl) also received significant increases.</p>.Kharif food grain production estimated at 173.3 million tonnes.<p>Among other oilseeds, soyabean (yellow) was raised by Rs 380 to Rs 5,708 per quintal and groundnut by Rs 254 to Rs 7,517 per quintal.</p><p>In 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, while moong saw a marginal increase of Rs 12 to Rs 8,780 per quintal.</p><p>For other cereals, jowar (hybrid) MSP has been fixed at Rs 4,023 per quintal (up Rs 324), with the Maldandi variety at Rs 4,073 per quintal.</p><p>Bajra has been raised by Rs 125 to Rs 2,900 per quintal, ragi by Rs 319 to Rs 5,205 per quintal, and maize by Rs 10 to Rs 2,410 per quintal.</p><p>The MSPs have been fixed to ensure remunerative prices for farmers, with returns of at least 50 per cent above the cost of production for all 14 crops,</p><p>Information and Broadcasting Minister Ashwini Vaishnaw told media.</p><p>The highest margin is for moong (61 per cent), followed by bajra and maize (56 per cent each) and tur (54 per cent).The government estimates the total payout to farmers at Rs 2.60 lakh crore, with projected procurement of 824.41 lakh tonnes.</p><p>The hike in MSP for oilseeds and pulses is seen as a strategic move to boost domestic production and lower the country’s reliance on imports.</p>
