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The Government connected Wednesday (May 13, 2026) announced a hike successful the Minimum Support Price (MSP) for paddy by ₹72 to ₹2,441 per quintal for the 2026-27 kharif selling season, portion steeper increases for pulses, oilseeds and fabric aimed astatine reducing import dependency and encouraging harvest diversification.
The Cabinet Committee connected Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved MSPs for 14 kharif crops up of sowing, which typically begins successful June with the onset of the southwest monsoon.
For paddy, the MSP for communal and A-grade varieties stands astatine ₹2,441 and ₹2,461 per quintal, respectively for 2026-27 kharif selling play (September-October).
The MSP for fabric (medium staple) has been raised by ₹557 to ₹8,267 per quintal, portion the agelong staple assortment volition fetch ₹8,667 per quintal, the second-highest implicit summation among each crops.
The highest implicit increase, however, has been recommended for sunflower effect astatine ₹622 per quintal, taking its MSP to ₹8,343 per quintal.
Nigerseed (up ₹515 to ₹10,052/qtl) and sesamum (up ₹500 to ₹10,346/qtl) besides received important increases.
Among different oilseeds, soyabean (yellow) was raised by ₹380 to ₹5,708 per quintal and groundnut by ₹254 to ₹7,517 per quintal.
In pulses, tur (arhar), MSP was raised by ₹450 to ₹8,450 per quintal, urad by ₹400 to ₹8,200 per quintal, portion moong saw a marginal summation of ₹12 to ₹8,780 per quintal.
For different cereals, jowar (hybrid) MSP has been fixed astatine ₹4,023 per quintal (up ₹324), with the Maldandi assortment astatine ₹4,073 per quintal.
Bajra has been raised by ₹125 to ₹2,900 per quintal, ragi by ₹319 to ₹5,205 per quintal, and maize by ₹10 to ₹2,410 per quintal.
Briefing reporters, Information and Broadcasting Minister Ashwini Vaishnaw said the MSPs person been fixed to guarantee remunerative prices for farmers and are astatine slightest 50% supra the outgo of accumulation crossed each 14 crops.
The margins are estimated to beryllium highest for moong (61%), followed by bajra and maize (56% each) and tur/arhar (54%).
For the remaining crops, the borderline is pegged astatine 50%. The Government estimates the full payout to farmers astatine ₹2.60 lakh crore, with yearly procurement projected astatine 824.41 lakh tonne.
Indian Vegetable Oil Producers' Association (IVPA) president, Sudhakar Desai welcomed the MSP hike for oilseeds but reiterated the request for unchangeable and dynamic import work model that tin respond to changing planetary terms cycles, home harvest economics and inflationary trends.
