Why in News:
- The Cabinet Committee on Economic Affairs (CCEA) has approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2026-27 marketing season, fixing the paddy MSP at ₹2,441 per quintal.
Key Facts: MSP Revisions and Agricultural Seasons
- Approval Authority: The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister, takes the final decision on MSP levels.
- Pricing Principle: In line with the Union Budget 2018-19 commitment, MSPs are fixed at least 1.5 times the all-India weighted average cost of production A2 + FL: Actual cost plus Family Labour (MSP calculation formula) .
Comparison of Cropping Seasons in India
Feature | Kharif Season | Rabi Season | Zaid Season |
Meaning | Monsoon crops (Arabic: ‘Autumn’) | Winter crops (Arabic: ‘Spring’) | Summer filler crops |
Sowing Time | June – July (Onset of Monsoon) | October – December | March – April |
Harvest Time | September – October | April – June | May – June |
Climate | Hot and Humid | Cool and Dry | Hot and Dry |
Water Source | Primarily Southwest Monsoon | Irrigation / Residual moisture | Primarily Irrigation |
Major Crops | Paddy, Maize, Cotton, Tur, Groundnut | Wheat, Barley, Gram, Mustard, Peas | Watermelon, Cucumber, Fodder |