The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSP) for 14 Kharif Crops for Marketing Season 2026-27.

Government has increased the MSP of Kharif Crops for Marketing Season 2026-27, to ensure remunerative prices to the growers for their produce. The highest absolute increase in MSP over the previous year has been recommended for Sunflower Seed (₹ 622 per quintal) followed by Cotton (Rs. 557 per quintal), Nigerseed (Rs.515 per quintal) and Sesamum (Rs.500 per quintal).

Minimum Support Prices for all Kharif crops for Marketing Season 2026-27:

(Rs.per quintal)

 

 

S.

No

.

 

Crops

 

MSP 2026-27

 

Cost* KMS 2026-27

Margin over cost (%)

 

MSP

MS MSP Increase in 2026-27

 

 

Cereals

2025-

26

2013-

14

over 2025-26

over 2013-14

 

 

 

 

 

 

 

 

1.

 

Paddy

Common

2441

1627

50

2369

1310

72

1131

(86%)

 

Grade A^

2461

-

-

2389

1345

72

1116

(83%)

2.

 

Jowar

Hybrid

4023

2682

50

3699

1500

324

2523

(168%)

 

Maldandi

^

4073

-

-

3749

1520

324

2553

(168%)

3.

Bajra

2900

1858

56

2775

1250

125

1650

(132%)

4.

Ragi

5205

3470

50

4886

1500

319

3705

(247%)

5.

Maize

2410

1544

56

2400

1310

10

1100

(84%)

 

Pulses

6.

Tur /Arhar

8450

5496

54

8000

4300

450

4150

(97%)

7.

Moong

8780

5438

61

8768

4500

12

4280

(95%)

 

8.

Urad

8200

5418

51

7800

4300

400

3900

(91%)

 

Oilseeds

9.

Groundnut

7517

5011

50

7263

4000

254

3517

(88%)

10.

Sunflower Seed

8343

5562

50

7721

3700

622

4643

(125%)

11.

Soybean (Yellow)

5708

3805

50

5328

2560

380

3148

(123%)

12.

Sesamum

10346

6897

50

9846

4500

500

5846

(130%)

13.

Nigerseed

10052

6701

50

9537

3500

515

6552

(187%)

 

Commercial

 

 

 

 

 

 

 

14.

 

Cotton

(Medium Staple)

8267

5511

50

7710

3700

557

4567

(123%)

 

(Long Staple) ^

8667

-

-

8110

4000

557

4667

(117%)

 

 

Refers to cost which includes all paid out costs such as those incurred on account of hired human labour, bullock labour/machine labour, rent paid for leased in land, expenses incurred on use of material inputs like seeds, fertilizers, manures, irrigation charges, depreciation on implements and farm buildings, interest on working capital, diesel/electricity for operation of pump sets etc., miscellaneous expenses and imputed value of family labour.

^ Cost data are not separately compiled for Paddy (Grade A), Jowar (Maldandi) and Cotton (Long staple)

The increase in MSP for Kharif Crops for Marketing Season 2026-27 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production, The expected margin to farmers over their cost of production are estimated to be highest in case of Moong (61%) followed by Bajra (56%), Maize (56%) and Tur/Arhar (54%). For rest of the crops, margin to farmers over their cost of production is estimated to be at 50%.

In the recent years, Government has been promoting the cultivation of crops, other than cereals such as pulses and oilseeds, and Nutri-cereals/ Shree Anna, by offering a higher MSP for these crops.

During the period 2014-15 to 2025-26, procurement of paddy was 8418 LMT while during the period 2004-05 to 2013-14, procurement of paddy was 4590 LMT.

During the period 2014-15 to 2025-26, procurement of 14 Kharif crops was 8746 LMT while during the period 2004-05 to 2013-14, procurement was 4679 LMT.

During the period 2014-15 to 2025-26, MSP amount paid to Paddy growing famers was Rs. 16.08 Lakh Crores while during the period 2004-05 to 2013-14, amount paid to farmers was Rs. 4.44 Lakh Crore.

During the period 2014-15 to 2025-26, the MSP amount paid to 14 Kharif crops growing famers was Rs. 18.99 Lakh Crores while during the period 2004-05 to 2013-14, MSP amount paid to farmers was Rs. 4.75 Lakh Crore.

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Cabinet approves Upgradation and Modernisation of Nagpur International Airport through long term license involving Private Partner under Public Private Partnership (PPP)
May 13, 2026

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved the Extension of Lease Period of the Airports Authority of India (AAI)’s land leased to MIL (MIHAN India Limited) beyond 06.08.2039, so as to enable MIL to license Nagpur Airport to the Concessionaire, viz. GMR Nagpur International Airport Limited (GNIAL) for 30 years since Commercial Operation Date (COD).

This marks a major milestone in Nagpur airport’s journey to becoming a regional aviation hub under the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) project.

In 2009, a Joint Venture Company (JVC)- MIL was formed by AAI and Maharashtra Airport Development Company Ltd. (MADC) with equity structure of 49:51 respectively. Though Airport assets of AAI were transferred to MIL in 2009 for airport operation, the lease deed got delayed due to land demarcation issues. Subsequently, AAI land has been leased to MIL up to 06.08.2039.

In 2016, MIL floated a global tender for identifying a Partner to operate the airport under the Public-Private Partnership (PPP) model. GMR Airports Ltd. (GAL) emerged as the highest bidder, with quoted revenue share of 5.76%. This was later revised to 14.49% of Gross Revenue. Subsequently, MIL annulled the bidding process in March, 2020. This annulment was successfully challenged by GAL before Hon'ble Bombay High Court. Thereafter, Hon’ble Supreme Court of India also ruled in favor of GAL. Pursuant to Supreme Court Judgement dated 27th September, 2024, MIL signed Concession Agreement with 2nd JVC, i.e. GMR Nagpur International Airport Ltd. (GNIAL) on 8th October, 2024.

A New Era for Nagpur Airport :

With extension of Lease Period of the AAI land leased to MIL beyond 06.08.2039, it would now become co-terminus with the 30 years Concession Period of GNIAL, paving the way for handing over of airport to 2nd JVC-GNIAL. This is expected to usher in a new era of growth and infrastructure advancement for Nagpur Airport. With private sector efficiency and government oversight, the Airport is poised to see significant investment, modernization, and improved passenger and cargo services — Government of India's vision for robust infrastructure development in the aviation sector.

GNIAL will take up the transformation of Nagpur's Dr. Babasaheb Ambedkar International Airport into a world-class facility with phased development envisaged to reach the ultimate capacity of handling 30 million passengers annually, positioning it as a key Airport in Central India. This transformation is set to not only enhance connectivity within the Vidarbha region, but also strengthen its economic infrastructure. Cargo handling capabilities would also be significantly boosted.