About the Groundnut MSP
The Minimum Support Price for Groundnut (मूँगफली) for marketing season 2026-27 is ₹7,517 per quintal, an increase of ₹254 (about 3.5%) over last year's ₹7,263. Groundnut is a Kharif crop, and its MSP was announced by the Cabinet in May 2026 on the recommendation of the Commission for Agricultural Costs and Prices (CACP).
MSP protects you from a price crash: if the mandi rate falls below ₹7,517, government agencies buy Groundnut at MSP through notified procurement centres. To sell at MSP, register on your state procurement portal and bring your produce, land records, Aadhaar and bank details during the procurement window. Always compare with the live Groundnut mandi price first.