May 13, 2026 3:58 PM

Cabinet approves higher MSP for 14 Kharif crops for 2026-27 marketing season

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2026-27 marketing season, aiming to ensure remunerative returns to farmers. The highest absolute increase in MSP has been announced for sunflower seed, which saw a hike of ₹622 per quintal, followed by cotton at ₹557 per quintal, nigerseed at ₹515 per quintal, and sesamum at ₹500 per quintal. Among m...

April 11, 2026 2:55 PM

Over 22,521 MT wheat crops procured at MSP in two days: MP govt

Madhya Pradesh’s Food and Civil Supply Minister Govind Singh Rajput on Friday said that wheat procurement at the Minimum Support Price has witnessed strong support from farmers.​ The Minister shared that the government collected more than 22,521 metric tonnes of wheat crops purchased from 5,220 farmers within the first two days.​ The procurement drive began on 9 April in Indore, Ujjain, Bhopal, and Narmadapuram divisions, while the remaining divisions will start from 15 April, which is e...

March 24, 2026 4:34 PM

Farmers’ incomes have doubled, government ensuring fair prices: Shivraj Singh Chouhan

Agriculture & Farmers' Welfare and Rural Development Minister Shivraj Singh Chouhan on Tuesday told the Lok Sabha that farmers’ incomes have doubled under the leadership of Prime Minister Narendra Modi, asserting that the government is committed to ensuring fair prices and financial security for the country’s farmers in every situation. Replying to questions in the House, the Minister said the government has created a “strong security shield” for farmers through measures such as Min...

February 24, 2026 4:41 PM

Cabinet approves Rs 275 hike in raw jute MSP for 2026-27

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday approved a hike in the Minimum Support Price (MSP) of raw jute by Rs 275 to Rs 5,925 per quintal for the marketing season 2026-27. According to the government, the revised price ensures a return of 61.8 per cent over the all-India weighted average cost of production. The government said the announced MSP is in line with its 2018-19 Budget commitment of fixing MSPs at a level of at least 1.5 ti...

October 1, 2025 5:42 PM

Cabinet approves hike in MSP for Rabi crops for marketing season 2026-27

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved an increase in the Minimum Support Prices (MSP) for all mandated Rabi crops for the 2026-27 marketing season, ensuring remunerative prices for farmers and incentivising crop diversification. The sharpest hike has been announced for safflower, with an increase of ₹600 per quintal, followed by lentil (masur) at ₹300 per quintal. The MSP of rapeseed and mustard has been raised by ...

June 7, 2025 3:25 PM

Seeds of change: India’s agricultural evolution under PM Modi

Agriculture has long been the soul of India’s economy and society. Over the past eleven years, under Prime Minister Narendra Modi’s leadership, India’s agricultural landscape has been redefined by a holistic, inclusive, and tech-driven approach that is embodied in the principle of Beej Se Bazaar Tak, or Seed to Market. This transformation puts the farmer at the center of policy-making, with a focus on income security, smart farming, traditional wisdom, and global competitiveness. Rising i...

May 28, 2025 4:32 PM

MSP for paddy, pulses, oilseeds raised ahead of Kharif season

The Cabinet Committee on Economic Affairs on Wednesday approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2025–26 marketing season. Among the crops that saw the highest MSP hike, nigerseed received the biggest absolute increase of ₹820 per quintal, followed by ragi at ₹596 per quintal, cotton at ₹589 per quintal, and sesamum at ₹579 per quintal. For paddy, the staple crop, the MSP has been raised by ₹69 per quintal. In the pulses category, the MSP ...

January 22, 2025 4:40 PM

Government approves Rs 315 hike in raw jute MSP for 2025-26

The Centre has approved a Rs. 315 increase in the Minimum Support Price (MSP) of raw jute for the marketing season of 2025-26. The new MSP for raw jute will be set at Rs. 5,650 per quintal, up from Rs. 5,335 per quintal for the previous season. This increase follows the government's long-term policy of linking the MSP to the average cost of production. Since 2014-15, the MSP of raw jute has risen from Rs. 2,400 per quintal to the current level, a growth of Rs. 3,250 per quintal (2.35 times). In...

November 25, 2024 5:13 PM

Inflation to ease, economic growth to accelerate in coming months: Finance Ministry

India's food inflation is likely to ease while the growth outlook for the economy is "cautiously optimistic" for the coming months as the agricultural sector is likely to benefit from favourable monsoon conditions, increased minimum support prices and adequate supply of inputs, according to the Finance Ministry's monthly economic review released on Monday. India's retail inflation jumped to 6.21 percent in October, marking a 14-month high, driven by elevated food inflation in a few vegetables. ...

October 16, 2024 11:57 PM

PM Modi hails Cabinet decision to hike MSP for rabi crops, calls it a big win for farmers

Prime Minister Narendra Modi on Wednesday lauded the Union Cabinet's approval to raise the Minimum Support Price (MSP) for all mandated Rabi crops for the 2025-26 marketing season. He said that the government is taking significant steps to promote the welfare of farmers across the country. In a post on X, PM Modi said, “We are constantly making bold decisions for the welfare of our farmer brothers and sisters. Today, the government has increased the MSP for Rabi crops, including wheat and gra...