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Centre hikes MSP for kharif crops; paddy at Rs 2,369, pulses and oilseeds up to 9%
Millennium Post Delhi
|Delhi 29 May 2025
GOVT ANNOUNCES NEW MSPS FOR 14 KHARIF CROPS
NEW DELHI: The Centre on Wednesday approved an increase in the Minimum Support Price (MSP) for 14 kharif crops for the 2025-26 marketing season, with paddy receiving a 3 per cent hike and pulses and oilseeds seeing increases of up to 9 per cent.
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, cleared the agriculture ministry's proposal at a time when early arrival of the southwest monsoon has supported initial sowing activity.
Information and Broadcasting Minister Ashwini Vaishnaw, while briefing reporters after the meeting, said, "Two important decisions were taken today — the MSP for kharif crops and the continuation of the interest subvention scheme for short-term crop loans."
This story is from the Delhi 29 May 2025 edition of Millennium Post Delhi.
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