Archive · 30 Sep 2026

India Approves Rabi Crop MSP Hikes, Wheat Increase Remains Modest

India Approves Rabi Crop MSP Hikes, Wheat Increase Remains Modest

India’s Cabinet has set new minimum support prices for six winter-season crops.

These prices apply to the 2027-28 marketing season.

Wheat, the main winter cereal, will have an MSP of Rs 2,610 per quintal.

That is Rs 25 more than the previous price, or less than a 1% increase.

Safflower received the biggest increase, at about 10.3%.

Prices for barley, gram, lentil and mustard also went up.

The government said it considered production costs, weather concerns and market prices.

It expects the revised prices to involve a payout of about Rs 90,962 crore for 324 lakh tonnes of crops.

Sources