
The Union Cabinet has approved a major agricultural support package for the 2026-27 kharif marketing season by increasing minimum support prices (MSPs) for 14 crops, with the overall procurement outlay estimated at around ₹2.6 trillion as the government intensifies efforts to strengthen food security and reduce dependence on imports.
The latest MSP revisions place significant emphasis on pulses and oilseeds amid concerns over food inflation and India’s continued dependence on edible oil imports.
The MSP for common paddy has been increased by ₹72 to ₹2,441 per quintal, while Grade A paddy will now be procured at ₹2,461 per quintal after a similar increase.
Among pulses, tur (arhar) recorded one of the sharpest increases with MSP raised by ₹450 to ₹8,450 per quintal. Urad MSP was increased by ₹400 to ₹8,200 per quintal, while moong MSP saw a smaller increase of ₹12 to ₹8,780 per quintal.
In oilseeds, sunflower seed registered the highest increase among major crops with MSP raised by ₹622 to ₹8,343 per quintal. Sesamum MSP was revised upward by ₹500 to ₹10,346 per quintal, while soybean MSP increased by ₹380 to ₹5,708 per quintal.
Groundnut MSP was increased by ₹254 to ₹7,517 per quintal.
Cotton prices were also revised higher, with MSP for medium staple cotton fixed at ₹8,267 per quintal and long staple cotton at ₹8,667 after hikes of ₹557 each.
The Cabinet’s decision comes ahead of the kharif sowing season at a time when weather forecasts indicate above-normal temperatures and the possibility of weaker monsoon conditions.
Officials and industry experts believe the stronger increases for pulses and oilseeds are aimed at encouraging farmers to expand cultivation in categories where India remains heavily dependent on imports.
The latest increase is also expected to support domestic production and help stabilise food inflation pressures in the coming marketing season.
Read More: Cabinet Approves ₹5,659 Crore Mission for Cotton Productivity Till 2030-31!
The Cabinet’s latest decisions underline the government’s focus on strengthening agricultural output, reducing import dependence and improving long-term energy security through large-scale support measures and infrastructure investments.
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Published on: May 14, 2026, 10:47 AM IST

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