Big Relief for Farmers: Cabinet Hikes Cotton & Soyabean MSP for Kharif 2026-27
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved revised Minimum Support Prices (MSP) for Kharif crops for the 2026-27 marketing season, with major gains announced for cotton and soyabean growers.
Cotton registered one of the highest MSP hikes this year. The MSP for Medium Staple Cotton has been increased by ₹557 per quintal to ₹8,267 from ₹7,710 in 2025-26. The MSP for Long Staple Cotton has also been raised by ₹557 to ₹8,667 per quintal from ₹8,110 last year. Compared to 2013-14 levels, MSP for Medium Staple Cotton has increased by ₹4,567 or 123%, while Long Staple Cotton MSP has gone up by ₹4,667 or 117%.
The estimated cost of production for Medium Staple Cotton for 2026-27 has been fixed at ₹5,511 per quintal, ensuring farmers a 50% margin over production cost.
For Yellow Soyabean, the MSP has been increased to ₹5,708 per quintal for 2026-27, up by ₹380 from ₹5,328 l
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