New Delhi, May 28, 2025
The Modi government has approved a significant hike in the Minimum Support Price (MSP) for 14 key Kharif crops for the 2025-26 marketing season, aiming to provide better returns and financial security to farmers across the country.
Key Highlights
MSP for Common Paddy: Increased by rs 69 to rs2,369 per quintal
MSP for Common Paddy: Increased by rs 69 to rs 2,369 per quintal
MSP for Grade A Paddy: Now rs 2,389 per quintal
Highest Absolute Increase: Nigerseed, up by rs 820 per quintal
Other Major Hikes:
• Ragi: +rs 596
• Cotton: +rs 589
• Sesamum: +rs 579
• Pulses:
• Tur (Arhar): +rs 450 to rs 8,000 per quintal
• Urad: +rs 400 to rs 7,800 per quintal
• Moong: +rs 86 to rs 8,768 per quintal
• Oilseeds:
• Groundnut: +rs 480
• Sunflower seed: +rs 441
• Soybean: +rs 436
• Maize: Up to rs 2,400 per quintal from rs 2,225.
CABINET DECISION: BIG BOOST FOR FARMERS
• Paddy MSP up by rs 69 to rs 2,369/qtl
• Paddy MSP up by rs 69 to rs 2,369/qtl
• Highest hike: Nigerseed +rs 820/qtl
• 14 Kharif crops get revised MSPs
• Tur, Urad, Moong, Oilseeds see major increases
• Govt reaffirms: MSP = 1.5x cost of production
• Over rs 2 lakh crore allocated for MSP procurementGovernment’s Stand
Union Minister Ashwini Vaishnaw stated that the move is in line with the government’s commitment to ensure farmers receive fair and remunerative prices, as promised in the Union Budget 2018-19. The revised MSPs are expected to support farm incomes, encourage crop diversification, and strengthen India’s agricultural backbone.
Impact
• Farmers’ Margins: Highest for bajra (63%), followed by maize and tur (59%), and urad (53%).
• Procurement Trends: MSP procurement for 14 Kharif crops has risen sharply in the last decade, reflecting the government’s focus on rural welfare.
• Timing: The announcement comes ahead of the monsoon sowing season and is expected to influence crop choices and boost rural sentiment.
Stay tuned to PUBLIC FIRST for more updates on agriculture and rural policy.
indiafirst.online