Government has increased the Minimum Support Prices (MSP) of Rabi Crops for Marketing Season 2027-28, to ensure remunerative prices to the growers for their produce.
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Cabinet approves Minimum Support Prices (MSP) for Rabi Crops for Marketing Season 2027-28
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 2027-28.
Source: Press Information Bureau (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
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Key points
Exam-ready takeaways
The absolute highest increase in MSP has been announced for Safflower at Rs.675 per quintal followed by Rapeseed & Mustard at Rs.413 per quintal.
For Lentil (Masur), barley, gram, and wheat, there is an increase of Rs.390 per quintal, Rs.136 per quintal, Rs.83 per quintal and Rs.25 per quintal respectively.
The MSP amount paid to Wheat growing famers during 2014-15 to 2025-26 has increased to Rs. 7.31 Lakh crore as compared to Rs.2.56 Lakh crore during 2004-05 to 2013-14.
The MSP amount paid to 6 Rabi crops growing farmers during 2014-15 to 2025-26 has increased to Rs.8.36 Lakh crore as compared to Rs.2.65 Lakh crore during 2004-05 to 2013-14.
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