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Agriculture & FoodSkim2025-05-28
CCEA Approves MSP Hike for 14 Kharif Crops
What Happened
On May 28, 2025, the Cabinet Committee on Economic Affairs (CCEA) approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2025-26 marketing season. The MSP for common paddy was raised by ₹69 to ₹2,369 per quintal, while nigerseed, ragi, and cotton received the highest absolute increases.
Why It Matters
This continuous hike reinforces the government's policy of ensuring a minimum 50% profit margin over production costs, providing vital income security to farmers while incentivizing crop diversification.
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