MP CM Welcomes MSP Hike for 14 Kharif Crops, Calls It a Boost for Farmers

The revised Minimum Support Price was approved by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday.​

Expressing gratitude to the Prime Minister, Chief Minister Yadav said the PM Modi-led government has consistently taken decisions to improve farmers' income and ensure agricultural growth.​

"Under the leadership of PM Modi, continuous decisions are being taken in the interest of farmers. The increase in Minimum Support Price for 14 kharif crops will help strengthen the agriculture sector and increase the income of annadata farmers," Yadav said.​

He added that the move will directly help lakhs of farmers in Madhya Pradesh, where agriculture is a key part of the state economy.​

"The decision to increase Minimum Support Price will directly benefit farmers in Madhya Pradesh and across the country. The Central government has taken several concrete measures for farmers' welfare and prosperity," the Chief Minister said.​

Yadav also highlighted state-level initiatives for farmers. He said Madhya Pradesh is observing 2026 as "Farmer Welfare Year", with farmer-oriented programmes being held across the state.​

These include exhibitions of advanced agricultural machinery, awareness campaigns on government schemes, and training in modern farming techniques to improve productivity.​

According to the revised Minimum Support Price structure, sunflower seed registered the highest increase of Rs 622 per quintal. The Minimum Support Price for cotton has been raised by Rs 557 per quintal, followed by niger seed by Rs 515 and sesame by Rs 500 per quintal.​

The Centre has projected strong returns over production costs. Among food grains, moong is expected to provide the highest return at 61 per cent, followed by bajra and maize at 56 per cent and tur at 54 per cent.​

Urad is projected to provide 51 per cent returns, while ragi, hybrid jowar and paddy are expected to offer 50 per cent returns.​

In oilseeds, including groundnut, sunflower seed, soybean, sesame and niger seed, farmers are expected to achieve margins of around 50 per cent over production costs.​

- IANS