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        News and Press Release

        Cabinet approves Minimum Support Prices (MSP) for Rabi Crops for Marketing Season 2025-26

        October 16, 2024

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        The Cabinet Committee on Economic Affairs (CCEA) chaired by the  Prime Minister Shri Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2025-26.

        Government has increased the MSP of Rabi Crops for Marketing Season 2025-26, to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been announced for Rapeseed & Mustard at Rs.300 per quintal followed by Lentil (Masur) at Rs.275 per quintal. For gram, wheat, safflower and barley, there is an increase of Rs.210 per quintal, Rs.150 per quintal, Rs.140 per quintal and Rs.130 per quintal respectively.

        Minimum Support Prices for all Rabi crops for Marketing Season 2025-26

        (Rs. per quintal)

        S. No.

        Crops

        MSP RMS 2025-26

        Cost*of Production RMS 2025-26

        Margin over cost

        (in percent)

        MSP RMS 2024-25

        Increase in MSP

        (Absolute)

        1

        Wheat

        2425

        1182

        105

        2275

        150

        2

        Barley

        1980

        1239

        60

        1850

        130

        3

        Gram

        5650

        3527

        60

        5440

        210

        4

        Lentil (Masur)

        6700

        3537

        89

        6425

        275

        5

        Rapeseed & Mustard

        5950

        3011

        98

        5650

        300

        6

        Safflower

        5940

        3960

        50

        5800

        140

        *Refers to cost which includes all paid out costs such as those incurred on account of hired human labour, bullock labour/machine labour, rent paid for leased in land, expenses incurred on use of material inputs like seeds, fertilizers, manures, irrigation charges, depreciation on implements and farm buildings, interest on working capital, diesel/electricity for operation of pump sets etc., miscellaneous expenses and imputed value of family labour.       

        The increase in MSP for mandated Rabi Crops for Marketing Season 2025-26 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 105 percent for wheat, followed by 98 percent for rapeseed & mustard; 89 per cent for lentil; 60 per cent for gram; 60 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.

        Minimum Support Prices raised for mandated rabi crops to ensure remunerative returns and incentivise crop diversification. The Cabinet Committee on Economic Affairs approved increases to the Minimum Support Price for all mandated Rabi crops for Marketing Season 2025-26, reporting revised MSPs, absolute increases for individual crops, and All-India weighted average costs of production. The decision follows the Union Budget commitment to set MSP at at least 1.5 times the weighted average cost of production and presents expected margins over cost for each crop, stating the objective of ensuring remunerative prices to farmers and incentivising crop diversification.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Minimum Support Prices raised for mandated rabi crops to ensure remunerative returns and incentivise crop diversification.

                                The Cabinet Committee on Economic Affairs approved increases to the Minimum Support Price for all mandated Rabi crops for Marketing Season 2025-26, reporting revised MSPs, absolute increases for individual crops, and All-India weighted average costs of production. The decision follows the Union Budget commitment to set MSP at at least 1.5 times the weighted average cost of production and presents expected margins over cost for each crop, stating the objective of ensuring remunerative prices to farmers and incentivising crop diversification.





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                                ActsIncome Tax
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