India Raises MSP for Kharif Crops for 2026-27; Soybean Seed Sees 7% Increase per Quintal
13 May 2026, New Delhi: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved higher Minimum Support Prices (MSP) for 14 Kharif crops for the 2026-27 marketing season. The revised MSPs aim to provide remunerative prices to farmers while encouraging cultivation of pulses, oilseeds and nutri-cereals.
Among all crops, sunflower seed recorded the highest absolute increase in MSP at ₹622 per quintal over the previous year, followed by cotton at ₹557 per quintal, nigerseed at ₹515 per quintal and sesamum at ₹500 per quintal.
The government stated that the revised MSPs continue to follow the policy announced in the Union Budget 2018-19 of fixing MSP at a minimum of 1.5 times the all-India weighted average cost of production.
MSP for Kharif Crops: 2026-27 vs 2025-26
| Crop | MSP 2025-26 (₹/qtl) | MSP 2026-27 (₹/qtl) | Absolute Increase (₹/qtl) | Increase (%) |
|---|---|---|---|---|
| Paddy (Common) | 2369 | 2441 | 72 | 3.04% |
| Paddy (Grade A) | 2389 | 2461 | 72 | 3.01% |
| Jowar (Hybrid) | 3699 | 4023 | 324 | 8.76% |
| Jowar (Maldandi) | 3749 | 4073 | 324 | 8.64% |
| Bajra | 2775 | 2900 | 125 | 4.50% |
| Ragi | 4886 | 5205 | 319 | 6.53% |
| Maize | 2400 | 2410 | 10 | 0.42% |
| Tur/Arhar | 8000 | 8450 | 450 | 5.63% |
| Moong | 8768 | 8780 | 12 | 0.14% |
| Urad | 7800 | 8200 | 400 | 5.13% |
| Groundnut | 7263 | 7517 | 254 | 3.50% |
| Sunflower Seed | 7721 | 8343 | 622 | 8.06% |
| Soybean (Yellow) | 5328 | 5708 | 380 | 7.13% |
| Sesamum | 9846 | 10346 | 500 | 5.08% |
| Nigerseed | 9537 | 10052 | 515 | 5.40% |
| Cotton (Medium Staple) | 7710 | 8267 | 557 | 7.22% |
| Cotton (Long Staple) | 8110 | 8667 | 557 | 6.87% |
According to the government, expected farmer margins over production cost are estimated to be highest for moong at 61%, followed by bajra and maize at 56% each, and tur/arhar at 54%. Margins for the remaining crops are estimated at 50%.
Government data showed that procurement of paddy during 2014-15 to 2025-26 reached 8,418 lakh metric tonnes (LMT), compared to 4,590 LMT during 2004-05 to 2013-14. Procurement of all 14 Kharif crops during the same period increased to 8,746 LMT from 4,679 LMT in the previous decade.
The MSP amount paid to paddy farmers during 2014-15 to 2025-26 stood at ₹16.08 lakh crore, compared to ₹4.44 lakh crore during 2004-05 to 2013-14. Total MSP payments to growers of the 14 Kharif crops reached ₹18.99 lakh crore during the period, against ₹4.75 lakh crore in the earlier decade.
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