New Delhi, May 13: The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi on Wednesday approved the increase in the Minimum Support Prices (MSP) for 14 Kharif Crops for Marketing Season 2026-27, with Sunflower Seed seeing the highest absolute increase of Rs 622 per quintal, bringing its total MSP to Rs 8,343 per quintal.
According to a Cabinet Committee on Economic Affairs (CCEA) note, the 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 (Rs 622 per quintal) followed by Cotton (Rs 557 per quintal), Nigerseed (Rs 515 per quintal) and Sesamum (Rs 500 per quintal),” it said.
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%,” it added.
