
Among four major decisions taken on Wednesday, the Union Cabinet approved a substantial increase in the Minimum Support Prices for 14 Kharif crops for the 2026-27 marketing season. Sunflower Seed saw the highest absolute increase of Rs 622 per quintal, bringing its total MSP to Rs 8,343 per quintal.
This was followed closely by Cotton (Medium Staple), which saw a rise of Rs 557 to reach a new rate of Rs 8,267 per quintal. Other oilseeds also received significant boosts, as Nigerseed increased by Rs 515 to reach a total of Rs 10,052, per quintal while Sesamum went up by Rs 500 to stand at Rs 10,346 per quintal.