Modi Cabinet raises MSP for 14 kharif crops for 2026-27; paddy MSP hiked by Rs 72 to Rs 2,441 per quintal

The Centre on Wednesday announced an increase in Minimum Support Prices (MSP) for 14 kharif crops for the 2026-27 marketing season, even as concerns persist over fertiliser supply disruptions linked to the ongoing Iran conflict.

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the revised MSP structure aimed at ensuring remunerative prices for farmers and supporting crop diversification.

The highest absolute MSP increase has been recommended for sunflower seed at Rs 622 per quintal, followed by cotton at Rs 557 per quintal, nigerseed at Rs 515 per quintal and sesamum at Rs 500 per quintal.

This article has been republished from The Moneycontrol.com