Three decades after economic liberalisation, India's farm sector still faces deep structural constraints, from weak markets and investment to subsidy dependence and resistance to reform
The MSPs of pulses and oilseeds were increased by higher amounts, ranging between ₹83 and ₹675 per quintal (between 1.41 per cent and 10.32 per cent)
The Centre has approved procurement of pulses and oilseeds worth ₹5,547.99 crore at MSP in Uttar Pradesh, Karnataka and Telangana for Kharif 2026-27
The Cabinet has approved higher MSPs for all mandated rabi crops for 2027-28, with safflower getting the highest increase of ₹675 per quintal
Clarification comes amid farmers' protests demanding 100 per cent procurement at MSP, with the Centre saying additional approvals can follow only after the existing quota is exhausted
India's food subsidy may rise to ₹2.5 trillion in FY27 as higher MSP and robust procurement increase costs, even as the Centre tightens fiscal controls
Madhya Pradesh purchased wheat from more than 1.34 million farmers, surpassing the Centre's revised procurement target of 10 million tonnes
The Commission suggested that digital platforms such as AgriStack should be leveraged to contain imbalanced use of soil nutrients and reduce the subsidy burden without affecting farm production
The government on Wednesday raised the minimum support price (MSP) for paddy by Rs 72 to Rs 2,441 per quintal for the 2026-27 kharif marketing season. A decision in this regard was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. The support price for common and A-grade varieties has been increased by Rs 72 per quintal to Rs 2,441 and Rs 2,461 per quintal, respectively, for the 2026-27 kharif marketing season (September-October). Information and Broadcasting Minister Ashwini Vaishnaw said the MSP is 50 per cent more than the cost of production. "Estimated payout to farmers would be Rs 2.60 lakh crore and annual procurement estimated at 824.41 lakh tonne," he added.
The Supreme Court on Monday sought responses from the Centre and others on a plea to accord weightage to states' proposal on the exact cost of cultivation while fixing minimum support price (MSP). A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi issued notices to the Centre and others, including the Commission for Agricultural Costs and Prices, seeking their response on the plea. Advocate Prashant Bhushan, appearing for the petitioners, said the plea raises a very important issue related to the farmers in the country. The plea has sought direction to the authorities to ensure complete procurement of all notified crops under the MSP calculated on the basis of the exact cost of cultivation. It has also sought direction to take appropriate steps to ensure complete procurement of crops from all farmers who are desirous of selling their crops at the MSP.
Finance Ministry clarifies its letter urging crop diversification is advisory, not binding, amid Tamil Nadu criticism over incentives for paddy and MSP-linked bonuses
UP targets ₹12,925 crore wheat procurement at ₹2,585 MSP, expands centres and ensures quick payments to farmers in Rabi season 2026-27
Union Agriculture Minister Shivraj Singh Chouhan on Wednesday chaired a virtual meeting with state agriculture ministers, flagging gaps in farmer registration, fertiliser distribution, and pulse procurement under PM-AASHA. With 9.25 crore farmer IDs created across 19 states so far, Chouhan directed state governments to mount a joint campaign between agriculture and revenue departments to hit 100 per cent coverage of the scheme within six months. He stressed that registration must go beyond PM-Kisan beneficiaries to include all eligible farmers, an official statement said. On fertilisers, the minister came down hard on hoarding and black-marketing, asking states to enforce strict checks -- particularly in border areas, where he flagged illegal movement of inputs as a pressing concern. He called for a technology-based distribution system to ensure equitable access and nudged states towards promoting organic and natural farming to curb imbalanced fertiliser use. Haryana's 'Meri Fasal
The decision to extend the scheme to mustard was taken at a meeting in Delhi today between Madhya Pradesh Chief Minister Mohan Yadav and Union Agriculture Minister Shivraj Singh Chouhan
Market participants warn that surplus stocks and OMSS sales could push wheat prices Rs 300-400 per quintal below MSP in 2026-27, denting farm incomes and distorting trade signals
Lower crop prices and weak nominal farm growth weighed on rural incomes in 2025, but GST cuts, welfare support, and rising consumption helped stabilise demand and sentiment
In a statement, the committee said the Fair Average Quality MSP for milling copra was fixed at ₹12,027 per quintal, while ball copra was set at ₹12,500 per quintal for the 2026 season
Things are in place for a good rabi harvest. But farmers must contend with poor prices for their kharif harvest. And that may have a knock-on effect on rabi prices in a vicious cycle
CACP has proposed oil-linked MSP for mustard and safflower to incentivise high-yield varieties, reduce edible oil imports, and improve farmers' returns
The government on Wednesday announced a 6.59 per cent increase in the minimum support price (MSP) for wheat to Rs 2,585 per quintal for the 2026-27 marketing year, up from Rs 2,425 per quintal last year. The decision was taken at a Cabinet meeting chaired by Prime Minister Narendra Modi. Briefing the media, Information and Broadcasting Minister Ashwini Vaishnaw said the Cabinet had approved the MSP for six rabi crops for 2026-27 based on recommendations of the Commission for Agricultural Costs and Prices (CACP). In absolute terms, the highest increase has been announced for safflower at Rs 600 per quintal, followed by lentil (masur) at Rs 300 per quintal. For rapeseed and mustard, the increase is Rs 250 per quintal; gram Rs 225 per quintal; barley Rs 170 per quintal; and wheat Rs 160 per quintal. The MSP for barley has been increased to Rs 2,150 per quintal from Rs 1,980 per quintal. Among key rabi pulses, the support price for gram has been fixed at Rs 5,875 per quintal, up from