MSP News
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.
The FRP for the sugar season 2025-26 is 4.41 per cent higher than the current sugar season 2024-25.
The government provides MSP to ensure remunerative prices to cotton farmers and saves them from distress sales in any eventuality of Fair Average Quality (FAQ) cotton prices falling below the MSP.
Chouhan informed that the Indian Government is committed to procure 100% Tur from farmers through Central Nodal Agencies.
Madhya Pradesh is known for its high-protein wheat varieties, like Sharbati and Durum, which are in demand both domestically and globally. According to official sources, around 4,000 centres have been set up across the state to facilitate procurement.
As of October 2024, the state's cotton cultivation area expanded to 26.8 lakh hectares, marking an increase of 9 lakh hectares over the past two decades.
The Government has also made an announcement in Budget 2025 that procurement of tur (arhar), urad, and masur up to 100 per cent of the production of the state will be continued for another four years through central nodal agencies to achieve self-sufficiency in pulses in the country.
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the Minimum Support Prices (MSP) of Raw Jute for Marketing season 2025-26.
The farmers have the option to sell their produce to the FCI/state agencies at MSP or in the open market as is advantageous to them.
The protest by Congress MPs came after a large contingent of farmers gathered at the Shambhu border, demanding the government to address their 12 demands, including the MSP guarantee.
In October, the Union Cabinet had announced an increase of up to 7 per cent in the Minimum Support Prices (MSP) of rabi crops such as wheat that are being sown now for the 2025-26 marketing season that will start from April.
The BJP dismissed Congress leader Surjewala's allegations that the Centre wants to end the MSP mechanism for farm produce as a "big fat lie".
Separately, the minimum export price for basmati rice was scrapped to boost outbound shipments and enhance farmers' income.
Check Out The Complete Rate Chart Of Minimum Support Prices For All Kharif Crops For Marketing Season 2024-25 After The Latest Hike On MSP By Govt.
The Government of India fixes Minimum Support Price (MSP) for 22 mandated agricultural crops on the basis of the recommendations of the Commission for Agricultural Costs & Prices (CACP).
The Congress manifesto presents a comprehensive vision for governance, encompassing social justice, economic development, minority rights, and foreign policy, among other key areas.
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