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Big good news for farmers: Cabinet approves increase in MSP for Kharif crops, farmers will get big benefit

MSP Hiked for 2025–26 Farmers to Get Better Prices – Check the New Rate List
MSP Hiked for 2025–26 Farmers to Get Better Prices – Check the New Rate List

In a major relief for millions of farmers across the country, the Union Cabinet has approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2025-26 marketing season. The decision was taken in a high-level Cabinet meeting chaired by Prime Minister Shri Narendra Modi. The move aims to ensure fair and remunerative prices for farmers and improve their income levels.

Which Crops Saw the Highest MSP Hike?

Among the crops, Nigerseed received the highest hike in MSP — an increase of ₹820 per quintal over the previous season. It is followed by Ragi (₹596), Cotton (₹589) and Sesamum (₹579). Most of the crops have seen a margin of 50% or more over their cost of production. Bajra (63%), Maize (59%), Tur (59%) and Urad (53%) have the highest profit margins among all.

MSP for Kharif Crops in 2025-26 (₹/Quintal):

Crop MSP 2025-26 Cost (₹) Margin Over Cost (%) Increase from 2024-25
Paddy (Common) 2369 1579 50% ₹69
Paddy (Grade A) 2389 - - ₹69
Jowar (Hybrid) 3699 2466 50% ₹328
Jowar (Maldandi) 3749 - - ₹328
Bajra 2775 1703 63% ₹150
Ragi 4886 3257 50% ₹596
Maize 2400 1508 59% ₹175
Tur (Arhar) 8000 5038 59% ₹450
Moong 8768 5845 50% ₹86
Urad 7800 5114 53% 53%
Groundnut 7263 4842 50% ₹480
Sunflower Seed 7721 5147 50% ₹441
Soybean (Yellow) 5328 3552 50% ₹436
Sesamum 9846 6564 50% ₹579
Nigerseed 9537 6358 50% ₹820
Cotton (Medium Staple) 7710 5140 50% ₹589
Cotton (Long Staple) 8110 - - ₹589

Sharp Raise in Procurement and MSP Payments Since 2014
According to government data:
From 2014-15 to 2024-25, procurement of paddy stood at 7608 LMT (lakh metric tonnes) compared to 4590 LMT between 2004-05 to 2013-14.
Procurement of 14 Kharif crops increased to 7871 LMT during 2014-25, up from 4679 LMT in the previous decade.
MSP payments to paddy farmers during 2014-25 amounted to ₹14.16 lakh crore, significantly higher than ₹4.44 lakh crore during 2004-14.
Total MSP payments for all 14 Kharif crops stood at ₹16.35 lakh crore during 2014-25, up from ₹4.75 lakh crore in 2004-14.

Focus on Nutri-Cereals and Pulses
In recent years, the government has been actively promoting pulses, oilseeds, and Nutri-Cereals (Shree Anna) by offering higher MSP rates to encourage crop diversification and improve nutritional security. This move is expected to reduce dependency on a few cereal crops and ensure a more balanced agricultural ecosystem.

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