Paddy MSP Hiked to Rs 2,441/Quintal for 2026-27
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Government increases paddy MSP by Rs 72 to Rs 2,441 per quintal for the 2026-27 kharif marketing season. Farmers to benefit from higher support price.
Photograph: ANI Photo
New Delhi, May 13 (PTI) 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.
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.
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