COMMODITY
Government hikes MSP of Rabi crops for marketing season 2025-26
Oct-17-2024

With an aim to ensure remunerative prices to the growers for their produce, the Cabinet Committee on Economic Affairs (CCEA) has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2025-26. 

The MSP for wheat has been raised by Rs 150 per quintal, moving from Rs 2,275 per quintal to Rs 2,425 per quintal for 2025-26. Barley saw a hike of Rs 130 per quintal, bringing its MSP to Rs 1980 per quintal for 2025-26 from Rs 1850 per quintal in 2024-25. The absolute highest increase in MSP has been announced for Rapeseed & Mustard at Rs 300 per quintal to Rs 5950 per quintal for 2025-26.  For gram, Lentil (Masur) and safflower, there is an increase of Rs 210 per quintal, Rs 275 per quintal and Rs 140 per quintal, respectively. 

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.

  RELATED NEWS >>