The Cabinet Committee on Economic Affairs Wednesday approved an increase in the Minimum Support Prices (MSP) for all mandated Rabi crops for the 2026–27 marketing season.
“The Cabinet has increased the MSP of Rabi Crops for Marketing Season 2026-27, to ensure remunerative prices to the growers for their produce,” Information and Broadcasting Ashwini Vaishnaw said while briefing mediapersons on the decisions of the Cabinet.
The steepest hike in MSP has been approved for safflower at Rs 600 per quintal, followed by lentil (Masur) at Rs 300 per quintal. The MSP for rapeseed and mustard has been raised by Rs 250 per quintal, gram by Rs 225 per quintal, barley by Rs 170 per quintal, and wheat by Rs 160 per quintal.
The approved MSP rates for Rabi crops for 2026–27 marketing season are as follows: Wheat Rs 2,585 per quintal, barley Rs 2,150 per quintal, gram Rs 5,875 per quintal, lentil (masur) Rs 7,000 per quintal, rapeseed and mustard Rs 6,200 per quintal, and safflower Rs 6,540 per quintal.
The MSP rates are expected to provide a margin of 50-109 percent over the all-India weighted average cost of production, in line with the Union Budget 2018-19 announcement of fixing MSP at a level of at least 1.5 times the cost of production. This increased MSP of rabi crops will ensure remunerative prices to the farmers and incentivize crop diversification.