28 May 2025
Cabinet approves Minimum Support Prices (MSP) for Kharif Crops for Marketing Season 2025-26
On 28 May 2025, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi, approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the Marketing Season 2025–26 Avantis CDN Production Storage +4 Press Information Bureau +4 Press Information Bureau +4 . This decision aims to ensure that farmers receive remunerative, fair pricing for their produce. Among the crops, the greatest absolute MSP increases were recommended for nigerseed (+ ₹820/quintal), ragi (+ ₹596/quintal), cotton (+ ₹589/quintal), and sesamum (+ ₹579/quintal) Press Information Bureau . The MSP hike aligns with the Union Budget 2018–19 announcement of setting MSP at least 1.5 times the all‑India weighted average cost of production Press Information Bureau . Expected profit margins over production cost are highest for bajra (63%), followed by maize (59%), tur (59%), and urad (53%); for the remaining crops, margins hover around 50% Press Information Bureau . By raising MSPs in this manner, the government reaffirms its commitment to safeguarding farmer incomes and promoting agricultural stability.