GG News Bureau
New Delhi, 17th Oct. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a hike in the Minimum Support Prices (MSP) for all mandated Rabi crops for the 2025-26 marketing season. The decision aims to offer better returns to farmers and encourage diversified cropping practices.
For the upcoming season, the MSP for rapeseed and mustard has seen the highest increase, with a rise of ₹300 per quintal. Lentil (masur) follows closely with a hike of ₹275 per quintal. The MSP for other key crops has also been adjusted, with gram increasing by ₹210 per quintal, wheat by ₹150 per quintal, safflower by ₹140 per quintal, and barley by ₹130 per quintal.
This adjustment is in line with the Union Budget 2018-19’s goal to set MSP at a minimum of 1.5 times the all-India weighted average cost of production. For wheat, the expected margin over production costs stands at 105%, followed by rapeseed and mustard at 98%, lentil at 89%, gram at 60%, barley at 60%, and safflower at 50%.
The increased MSP is expected to ensure remunerative prices for farmers, support income growth, and incentivize crop diversification, contributing to a more resilient agricultural sector.
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