3 hrs ago
Cabinet Approves Rabi MSP Hike for Six Crops
The Cabinet decided to pay farmers more for six crops during the 2027-28 rabi season.
This price is called the minimum support price, or MSP.
It is the set price used for these crops.
Safflower got the biggest increase of Rs 675 per quintal.
Rapeseed and mustard got an increase of Rs 413.
Lentil got an increase of Rs 390.
Wheat got the smallest increase, at Rs 25.
Its new MSP is Rs 2,610 per quintal.
The Cabinet approved higher minimum support prices for six rabi crops for 2027-28.
Safflower received the largest increase, rising by Rs 675 per quintal.
Rapeseed and mustard rose by Rs 413, while lentil increased by Rs 390 per quintal.
Barley and gram MSPs increased by Rs 136 and Rs 83, respectively.
Wheat received the smallest hike of Rs 25, taking its MSP to Rs 2,610 per quintal.
- Who
- The Cabinet approved the revised prices for six rabi crops.
- What
- Minimum support prices were increased for wheat, barley, gram, lentil, rapeseed and mustard, and safflower.
- Where
- Not specified in the article.
- When
- For the 2027-28 rabi marketing season; the article does not provide an approval date.
- Why
- The article states that the MSPs were revised but does not give a further reason.
Key facts
- Crops covered
- Wheat, barley, gram, lentil, rapeseed and mustard, and safflower
- Wheat increase
- Rs 25 per quintal
- New wheat MSP
- Rs 2,610 per quintal, up from Rs 2,585
- Largest increase
- Safflower, up Rs 675 per quintal
- New safflower MSP
- Rs 7,215 per quintal
- New rapeseed and mustard MSP
- Rs 6,613 per quintal
- New lentil MSP
- Rs 7,390 per quintal
Sources
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