Bhopal, May 13 (IANS). Madhya Pradesh Chief Minister Mohan Yadav on Wednesday welcomed the Central Government’s decision to increase the Minimum Support Price (MSP) of 14 Kharif crops for the 2026-27 marketing season. He said that this will directly benefit the farmers of the state and the agriculture sector will be strengthened.
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the revised minimum support price (MSP).
Expressing gratitude to the Prime Minister, Chief Minister Yadav said that the government led by PM Modi has continuously taken decisions to increase the income of farmers and ensure agricultural development.
Yadav said, “Under the leadership of PM Modi, decisions are being taken continuously in the interest of farmers. The increase in minimum support price for 14 Kharif crops will help in strengthening the agriculture sector and increasing the income of Annadata farmers.”
He further said that this step will directly help lakhs of farmers in Madhya Pradesh, where agriculture is an important part of the state’s economy.
The Chief Minister said, “The decision to increase the Minimum Support Price will directly benefit the farmers of Madhya Pradesh and the entire country. The Central Government has taken several concrete steps for the welfare and prosperity of the farmers.”
Yadav also highlighted state-level initiatives for farmers. He said that Madhya Pradesh is celebrating 2026 as “Farmers Welfare Year” under which farmer-centric programs are being organized across the state.
These include exhibitions of advanced agricultural machines, awareness campaigns about government schemes and training in modern farming techniques to increase productivity.
According to the revised minimum support price structure, sunflower seeds recorded the highest increase of Rs 622 per quintal. The minimum support price for cotton has been increased by Rs 557 per quintal, followed by Niger seed by Rs 515 and sesame by Rs 500 per quintal.
The Center has estimated strong returns on production costs. Among food grains, moong is expected to give the highest return at 61 per cent, followed by millet and maize at 56 per cent and pigeon pea at 54 per cent.
Urad is expected to yield 51 percent returns, while Ragi, hybrid jowar and paddy are expected to yield 50 percent returns.
In oilseeds, which include groundnut, sunflower seeds, soybean, sesame and niger seed, farmers are expected to get margins of about 50 percent on production costs.
–IANS
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