Delhi, Oct 1: The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi, on Wednesday approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2026-27.
Government increased the MSP of Rabi Crops for Marketing Season 2026-27, to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been announced for Safflower at Rs.600 per quintal followed by Lentil (Masur) at Rs.300 per quintal. For Rapeseed & Mustard, gram, barley, and wheat, there is an increase of Rs.250 per quintal, Rs.225 per quintal, Rs.170 per quintal and Rs.160 per quintal respectively.
The increase in MSP for mandated Rabi Crops for Marketing Season 2026-27 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average Cost of Production. The expected margin over All-India weighted average cost of production is 109 percent for wheat, followed by 93 percent for rapeseed & mustard; 89 per cent for lentil; 59 per cent for gram; 58 percent for barley; and 50 percent for safflower.
This increased MSP of rabi crops will ensure remunerative prices to the farmers and incentivise crop diversification.
Tags: Agriculture
