PM Modi-led Cabinet Approves Minimum Support Prices (MSP) For Kharif Crops For Marketing Season 2025-26

MSP For Kharif Crops: The Cabinet also approved the continuation of the Modified Interest Subvention Scheme (MISS) for the financial year 2025-26, maintaining the existing 1.5% interest subvention. It also cleared the necessary funding arrangements for the scheme.

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MSP For Kharif Crops: The Prime Minister Narendra Modi-led Cabinet has approved a Rs 69 per quintal increase in the minimum support price (MSP) for 14 kharif crops for the upcoming Kharif 2025–26 marketing season. The Cabinet approved hike in paddy MSP by Rs 69 per quintal to Rs 2,369 for 2025-26 Kharif season. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. 

Adding further, the Cabinet also approved the continuation of the Modified Interest Subvention Scheme (MISS) for the financial year 2025-26, maintaining the existing 1.5% interest subvention. It also cleared the necessary funding arrangements for the scheme.

Key MSP Hikes For Kharif Crops 

Along with the hike in paddy prices, the Cabinet has approved increased Minimum Support Prices (MSPs) for 13 other Kharif crops. Nigerseed saw the highest rise of Rs 820 per quintal, followed by ragi (Rs 596), cotton (Rs 589), and sesamum (Rs 579). 

These revisions reflect the government’s push to boost farmers’ incomes and promote crop diversification for better nutrition. Among cereals, the MSP for jowar (hybrid and maldandi) was increased by Rs 328 per quintal, bajra by Rs 150, and maize by Rs 175.

The MSP hike for the 2025–26 Kharif marketing season aligns with the Union Budget 2018–19 policy of setting MSPs at least 1.5 times the all-India weighted average cost of production. 

The highest estimated returns over production costs are expected from bajra (63%), followed by maize (59%), tur (59%), and urad (53%), while other crops are expected to offer around 50% profit margins. 

Minimum Support Prices (MSP) for Kharif Marketing Season (KMS) 2025–26

S.No.	Crops	Variety	MSP 2025–26 (₹/qtl)	Cost* KMS 2025–26 (₹/qtl)	Margin over Cost (%)	MSP 2024–25 (₹/qtl)	MSP 2013–14 (₹/qtl)	Increase over 2024–25 (₹)	Increase over 2013–14 (₹)
Cereals
1	Paddy	Common	2369	1579	50%	2300	1310	69	1059 (81%)
		Grade A^	2389	-	-	2320	1345	69	1044 (78%)
2	Jowar	Hybrid	3699	2466	50%	3371	1500	328	2199 (147%)
		Maldandi^	3749	-	-	3421	1520	328	2299 (147%)
3	Bajra	-	2775	1703	63%	2625	1250	150	1525 (122%)
4	Ragi	-	4886	3257	50%	4290	1500	596	3386 (226%)
5	Maize	-	2400	1508	59%	2225	1310	175	1090 (83%)
Pulses
6	Tur / Arhar	-	8000	5038	59%	7550	4300	450	3700 (86%)
7	Moong	-	8768	5845	50%	8682	4500	86	4268 (95%)
8	Urad	-	7800	5114	53%	7400	4300	400	3500 (81%)
Oilseeds
9	Groundnut	-	7263	4842	50%	6783	4000	480	3263 (82%)
10	Sunflower Seed	-	7721	5147	50%	7280	3700	441	4021 (109%)
11	Soybean (Yellow)	-	5328	3552	50%	4892	2560	436	2768 (108%)
12	Sesamum	-	9846	6564	50%	9267	4500	579	5346 (119%)
13	Nigerseed	-	9537	6358	50%	8717	3500	820	6037 (172%)
Commercial Crops
14	Cotton	Medium Staple	7710	5140	50%	7121	3700	589	4010 (108%)
		Long Staple^	8110	-	-	7521	4000	589	4110 (103%)