CCEA Approves Rs 1,718 Crore MSP Support for Cotton & Rs 6,969 Crore NH-927 Project in UP
In March 2026, the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi approved Minimum Support Price (MSP) funding of Rs 1,718.56 crore for cotton farmers and sanctioned a Rs. 6,969.04 crore National Highway (NH)-927 project in Uttar Pradesh (UP).
About MSP Support for Cotton:
Approval: CCEA approved funding of Rs 1,718.56 crore to the Cotton Corporation of India Limited (CCI) for the 2023–24 cotton season.
Objective: The funding provides price support to farmers when market prices fall below MSP, ensuring income security, preventing distress sales, and stabilising cotton prices.
About NH-927 Project Approval:
Project: CCEA approved a 4-lane access-controlled National Highway 927 (NH-927) from Barabanki to Bahraich (101.515 kilometer, km) in UP.
Cost: Total project cost is Rs. 6,969.04 crore under Hybrid Annuity Mode (HAM), including Rs. 3,485.49 crore civil cost and Rs. 1,574.85 crore land acquisition cost.