Cabinet approves hike in MSP for 14 Kharif crops
New Delhi, May 28 (UNI) The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved the increase in the Minimum Support Prices (MSP) for 14 Kharif crops for Marketing Season 2025-26.
The government has increased the MSP of Kharif crops for Marketing Season 2025-26, to ensure remunerative prices to the growers for their produce, an official statement said.
The highest absolute increase in MSP over the previous year has been recommended for nigerseed (Rs 820 per quintal) followed by ragi (Rs 596 per quintal), cotton (Rs 589 per quintal) and sesamum (Rs 579 per quintal).
The increase in MSP for Kharif crops is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production. The expected margin to farmers over their cost of production are estimated to be highest in case of bajra (63%) followed by maize (59%), tur (59%) and urad (53%). For rest of the crops, margin to farmers over their cost of production is estimated to be at 50%.
In the recent years, government has been promoting the cultivation of crops, other than cereals such as pulses and oilseeds, and nutri-cereals or Shree Anna, by offering a higher MSP for these crops.
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