HomeEconomyCabinet sets MSP of Kharif crops for 2025-26

Cabinet sets MSP of Kharif crops for 2025-26

The Prime Minister Narendra Modi-led Cabinet on Wednesday announced Minimum Selling Price for kharif crops for the 2025-26 marketing season, amid worries of above normal monsoon impacting the sowing season.

How above normal monsoon will hurt India’s economy?
Farmers typically need a dry window of 15–20 days to prepare land for planting. This year, pre-monsoon showers began in early May and haven’t let up, leaving the soil too wet for tractor operations.

The weather experts earlier cautioned that while the early onset is encouraging, the real impact will depend on how steadily and uniformly the monsoon progresses across the country in the coming weeks. A consistent spread and distribution of rainfall are essential to ensure a successful kharif season.

Uneven rainfall or prolonged dry spells can offset the benefits of an early start. If the monsoon maintains its pace and spreads evenly to central and northern India by mid-July — its usual schedule — the country could be on track for a strong agricultural output, which would also help keep food inflation in check and boost overall economic growth.

Content Source: economictimes.indiatimes.com

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