Print

Cabinet decision to increase MSP of kharif crops will raise farmers’ income: PM Modi

Prime Minister Narendra Modi on Wednesday said that the Cabinet’s decision to increase the Minimum Support Prices (MSP) for 14 Kharif crops will help boost crop production and raise farmers’ incomes.

“We are fully committed to the welfare of our farmer brothers and sisters across the country. In this direction, an increase in the MSP of 14 crops—including paddy, oilseeds, and pulses—has been approved for the Kharif season of 2025–26. This will enhance the production of these crops and increase the income of farmers,” the Prime Minister said in a post on X.

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, approved the hike in MSP for 14 Kharif crops for the 2025–26 marketing season. The government said the increase aims to ensure remunerative prices for farmers’ produce.

India follows three cropping seasons: Summer, Kharif, and Rabi. Kharif crops are sown in June–July and depend on monsoon rains, with harvest in October–November. Rabi crops are sown in October–November and harvested from January onwards, while Summer crops are grown between the Rabi and Kharif seasons.

ANI

RELATED ARTICLES

15 mins ago | Crude Oil

Global oil demand to fall by 2.6 million barrels per day in 2026, diesel to account for 25 pc of decline: IEA

Global oil demand is expected to decline by 2.6 million barrels per day (mb/d) in 2026, with diesel accounting for 25 per cent of the dip, according to the International Energy Agency (IEA). In its latest report, the IEA noted that the Iran war is w...

42 mins ago | Diwali

Bengal’s new industrial policy to be released before Diwali to have transparent land and incentive policies: CM

West Bengal Chief Minister Suvendu Adhikari on Wednesday said the state government will release its new industrial policy before Diwali, featuring transparent land allocation and investment incentive frameworks, including power tariff subsidies, to a...

53 mins ago | Fairfax Financial Holdings

Cabinet approves Rs 52,878 crore sale of 60.72% stake in IDBI Bank to Fairfax entity

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Canada-based Fairfax Financial Holdings Ltd. as the strategic buyer for a 60.72% stake in IDBI Bank for approximately ₹52,878.08 crore. The transaction comprises the sale of a ...