Cabinet approves Minimum Support Prices (MSP) for Rabi Crops for Marketing Season 2026-27

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....abinet approves Minimum Support Prices (MSP) for Rabi Crops for Marketing Season 2026-27<BR>News and Press Release<BR>Dated:- 1-10-2025<BR><BR>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 2026-27. Government has increased the MSP of R....

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....abi 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 r....

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....espectively. Minimum Support Prices for all Rabi crops for Marketing Season 2026-27. (Rs.per quintal) Crops MSP RMS 2026-27 Cost*of Production RMS 2026-27 Margin over cost (in percent) MSP RMS 2025-26 Increase in MSP (Absolute) Wheat 2585 1239 109 2425 160 Barley 2150 1361 58 1980 170 Gram 5875 3699 59 5650 225 Lentil (Masur) 7000 3705 89 6700 300 Rapeseed & Mus....

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....tard 6200 3210 93 5950 250 Safflower 6540 4360 50 5940 600 *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 work....

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....ing 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 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....

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.... 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.<BR> News - Press release - PIB....