Cabinet Approves MSP Increase for Kharif Crops 2025-26
The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has approved an increase in Minimum Support Prices (MSP) for 14 Kharif crops for the 2025-26 marketing season. The highest increase is for nigerseed at Rs. 820 per quintal, followed by Ragi, Cotton, and Sesamum. This move aims to ensure better remuneration for farmers and aligns with the Union Budget's commitment to set MSP at 1.5 times the cost of production. The expected margins for farmers are notably high for crops like bajra and maize.
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