Rice and wheat corner bulk of the procurement kitty, shows data
The Union Cabinet approved MSP hikes for kharif crops for the 2025-26 season, with the smallest increase for paddy. Larger hikes were granted for pulses and oilseeds to promote a shift from water-intensive paddy to more sustainable crops, aligning with the government’s policy to support environmental conservation and crop diversification among Indian farmers.
The Union Cabinet earlier this week raised the minimum support price (MSP) for the kharif crops that would be marketed in the 2025-26 crop year, starting in July. In percentage terms, the least hike was reserved for paddy, which is the main food grain crop grown in the kharif season.
MSP increases were relatively higher than paddy for pulses and oilseeds, which were in line with the Centre’s long-standing and stated policy of encouraging farmers to switch from water-guzzling and environmentally-unfriendly paddy to more suitable pulses and oilseeds.
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Source : Business Standard
