Image Courtesy: Partha Sarkar
New Delhi, May 13, 2026: The Cabinet Committee on Economic Affairs (CCEA), chaired by 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 better returns for farmers.
🌾 Highest MSP Hike for Sunflower, Cotton
The government announced the highest MSP increase for sunflower seed, which has been raised by ₹622 per quintal. This was followed by:
- Cotton: ₹557 per quintal
- Nigerseed: ₹515 per quintal
- Sesamum: ₹500 per quintal
📊 Farmers to Get Up to 61% Profit Margin
The revised MSPs continue to follow the Union Budget 2018-19 formula of fixing prices at at least 1.5 times the cost of production.
Expected profit margins:
- Moong: 61% (highest)
- Bajra: 56%
- Maize: 56%
- Tur/Arhar: 54%
- Other crops: Minimum 50% margin
🌱 Focus on Pulses, Oilseeds & Nutri-Cereals
The government has been actively encouraging farmers to shift towards pulses, oilseeds, and nutri-cereals (‘Shree Anna’) by offering higher MSP incentives, reducing over-dependence on traditional cereal crops.
📈 Sharp Rise in MSP Payments Since 2014
- MSP paid to paddy farmers (2014–2026): ₹16.08 lakh crore
- MSP paid (2004–2014): ₹4.44 lakh crore
For all 14 kharif crops:
- 2014–2026: ₹18.99 lakh crore
- 2004–2014: ₹4.75 lakh crore
🚜 Procurement Also Sees Major Growth
- Paddy procurement (2014–2026): 8418 LMT
- Paddy procurement (2004–2014): 4590 LMT
Total procurement of 14 kharif crops:
- 2014–2026: 8,746 LMT
- 2004–2014: 4,679 LMT
