Bhopal, May 14: Madhya Pradesh Chief Minister Mohan Yadav welcomed the central government’s decision to increase the minimum support price (MSP) for 14 Kharif crops for the 2026-27 marketing season. He stated that this move will directly benefit the farmers of the state and strengthen the agricultural sector.
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the revised MSP on Wednesday.
Expressing gratitude towards the Prime Minister, Yadav noted that the government has consistently made decisions aimed at increasing farmers’ income and ensuring agricultural development.
Yadav said, “Under PM Modi’s leadership, decisions are being made continuously in the interest of farmers. The increase in MSP for 14 Kharif crops will help strengthen the agricultural sector and boost the income of our farmers.”
He further mentioned that this initiative will directly assist millions of farmers in Madhya Pradesh, where agriculture is a crucial part of the state’s economy.
The Chief Minister added, “The decision to raise the MSP will benefit farmers in Madhya Pradesh and across the country directly. The central government has taken several concrete steps for the welfare and prosperity of farmers.”
Yadav also highlighted state-level initiatives for farmers, stating that Madhya Pradesh is celebrating 2026 as the “Year of Farmer Welfare,” with programs focused on farmers being organized throughout the state.
These programs include exhibitions of advanced agricultural machinery, awareness campaigns about government schemes, and training in modern farming techniques to enhance productivity.
According to the revised MSP structure, the highest increase of ₹622 per quintal has been recorded for sunflower seeds. The MSP for cotton has been raised by ₹557 per quintal, followed by increases of ₹515 for Niger seeds and ₹500 for sesame seeds.
The center has estimated strong returns on production costs. Among food grains, moong is expected to yield the highest return of 61%, followed by millet and maize at 56%, and arhar at 54%.
A return of 51% is anticipated from urad, while ragi, hybrid jowar, and rice are expected to yield a return of 50%.
In oilseeds, including peanuts, sunflower seeds, soybeans, sesame, and Niger seeds, farmers are expected to see a margin of about 50% on production costs.
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