MSP Price List: To provide relief to farmers, the central government has increased the Minimum Support Price (MSP) for the year 2025-26. This decision is considered an important step towards ensuring stable and secure farmer income. In light of the MSP issue repeatedly raised by farmers in recent years and the rising cost of crops, the government has revised the minimum prices for some major crops. These revised rates will be effective from the Kharif season, ensuring farmers receive better prices for their produce.
What is MSP, and why is it important?
Minimum Support Price (MSP) is the rate at which the government guarantees to purchase crops from farmers. Its purpose is to ensure that farmers receive a fixed minimum income even if market prices fall. This policy is a key part of the government’s market intervention, protecting farmers from losses and strengthening the country’s food security.
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Purpose and Importance of MSP
The MSP system provides economic security to farmers and encourages increased production. Its primary objective is to ensure farmers receive fair prices for their crops and protect them from market price volatility. This system improves rural incomes, reduces poverty, and maintains stability in the agricultural sector. MSPs enable farmers to feel self-sufficient in selling their produce and avoid relying on middlemen.
Increased MSPs for Crops in 2025-26
The new MSP rates announced for 2025-26 provide relief to farmers on several crops. The MSP for paddy has been increased from ₹2,300 to ₹2,369, representing an increase of ₹69. However, the MSP for wheat remains unchanged at ₹2,425 per quintal.
Among pulses, the MSP for tur dal has been increased by ₹450 to ₹8,000. The MSP for moong dal has been increased from ₹8,682 to ₹8,768, and for urad dal from ₹7,400 to ₹7,800. This revision will provide relief to farmers.
Farmers will benefit from the MSP increase
This increase in MSP is essential for increasing farmers’ income and encouraging the agricultural sector. This government move brings relief to millions of farmers who have long been suffering from declining crop prices. The increase in MSP will not only make it easier to cover production costs but will also encourage farmers to continue farming.