The Cabinet Committee on Economic Affairs, led by PM Modi, has approved increased MSPs for the 2025-26 kharif season. Key hikes include paddy at ₹2,369/quintal (3% increase), tur at ₹8,000/quintal (₹450 rise), and urad at ₹7,800/quintal (₹400 rise). These changes aim to ensure fair prices for farmers, aligning with the Union Budget's commitment to set MSPs at 1.5 times production costs.
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