SF Prep Notes

Cabinet raises MSP for 14 kharif crops for 2026-27; paddy (common) at ₹2,441 per quintal

On 13 May 2026 the CCEA approved higher MSPs for 14 kharif crops for marketing season 2026-27, with paddy (common) at ₹2,441 per quintal and the biggest rise for sunflower seed (₹622).

Summary

The Cabinet Committee on Economic Affairs (CCEA), chaired by PM Narendra Modi, on 13 May 2026 approved higher Minimum Support Prices (MSP) for 14 kharif crops for marketing season 2026-27. The MSP of paddy (common) rises by ₹72 to ₹2,441 per quintal, and the largest absolute increases are for sunflower seed (₹622), cotton (₹557), nigerseed (₹515) and sesamum (₹500). The expected margin over cost of production is highest for moong (61%), followed by bajra and maize (56% each) and tur (54%), and 50% for the other crops. The increase follows the Union Budget 2018-19 announcement of fixing MSP at least at 1.5 times the all-India weighted average cost of production.

Key facts

Approved
13 May 2026, CCEA; 14 kharif crops, marketing season 2026-27
Paddy (common)
₹2,441/quintal (+₹72)
Biggest increases
Sunflower seed ₹622; cotton ₹557; nigerseed ₹515; sesamum ₹500
Highest margin
Moong 61%; bajra, maize 56%; tur 54%
Principle
MSP at least 1.5 times cost (Union Budget 2018-19)

Practice MCQs 3 questions

Q1 Advanced

For kharif marketing season 2026-27, which crop got the highest absolute increase in MSP over the previous year?

Show answer

Correct answer: C — Sunflower seed

Sunflower seed got the highest increase (₹622 per quintal), followed by cotton (₹557), nigerseed (₹515) and sesamum (₹500).

Q2 Advanced

Under the kharif MSP 2026-27, the expected margin over cost of production is highest for which crop?

Show answer

Correct answer: D — Moong

Moong has the highest expected margin (61%), followed by bajra (56%), maize (56%) and tur/arhar (54%).

Q3 Advanced

Consider the following statements about Minimum Support Prices (MSP): 1. Fixing MSP at least at 1.5 times the all-India weighted average cost of production was announced in the Union Budget 2014-15. 2. The MSP of paddy (common) for marketing season 2026-27 is ₹2,441 per quintal. Which of the statements given above is/are correct?

Show answer

Correct answer: B — 2 only

Only 2 is correct. The 1.5-times-cost principle was announced in the Union Budget 2018-19, as the Cabinet release states.

← All current affairs