Cabinet Approves MSP Hike for Kharif Crops in 2026-27
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the Marketing Season 2026-27. This decision aims to provide better remunerative prices to farmers. The most significant increases are seen with Sunflower Seed, Cotton, Nigerseed, and Sesamum. This aligns with the Government's ongoing efforts to promote crops beyond traditional cereals by offering higher MSPs.
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