Cabinet approves Minimum Support Prices (MSP) for Kharif Crops for Marketing Season 2026-27
Cite this
Citations are auto-generated; verify before publishing. The announcement classification is PolicyDhara's, not the source's.
Official announcement — a public communication of a policy decision, milestone, or initiative. Signals government intent and often precedes formal notification or legislative action.
Summary
Government of India press release: Cabinet approves Minimum Support Prices (MSP) for Kharif Crops for Marketing Season 2026-27
Key Facts
Type Announcement
Source Press Information Bureau
Published Wednesday, 13 May 2026
Affected Population ~150 million farming households, 42% of workforce
Key Numbers
Agri budget: Rs 1.52 lakh crore (2025-26)
MSP for 23 crops
PM-KISAN: Rs 6,000/year to 9 crore farmers
Rs 11.11 lakh crore capital expenditure (2025-26)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right