politics
Cabinet Approves MSP Hike for Kharif Crops for 2026-27 Season
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The Indian cabinet has approved a hike in the minimum support price (MSP) for Kharif crops for the 2026-27 season, a move hailed by Prime Minister Narendra Modi as a boost to farmers' income.
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Cabinet Approves MSP Hike for Kharif Crops for 2026-27 Season
The cabinet has approved an increase in the MSP for Kharif crops, which include paddy, maize, and soybean, for the upcoming season. The move aims to provide a better price to farmers for their produce and increase their income. Prime Minister Narendra Modi has welcomed the decision, saying it will benefit farmers across the country. The MSP hike is expected to benefit over 100 million farmers who cultivate Kharif crops. The exact increase in MSP has not been disclosed yet. The decision is seen as a major relief for farmers who have been demanding a hike in MSP for several years.
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