COMMODITY
Govt approves increase in MSP for all mandated Rabi Crops for Marketing Season 2027-28
Oct-30-2026

The government approved an increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2027-28. The highest absolute increase in MSP has been announced for safflower at Rs 675 per quintal. Safflower MSP has been increased to Rs 7,215 per quintal from Rs 6,540 per quintal in previous year. This is followed by rapeseed & mustard MSP increased by Rs 413 per quintal to Rs 6,613 per quintal, lentil (masur) by Rs 390 per quintal to Rs 7,390 per quintal, and barley by Rs 136 per quintal to Rs 2,286 per quintal. 

Further, MSP for wheat has been increased by Rs 25 per quintal to Rs 2,610 per quintal for Marketing Season 2027-28 form Rs 2,585 per quintal in 2026-27. Also, gram MSPs has been increased by Rs 83 per quintal to Rs 5,958 per quintal compared with Rs 5,875 per quintal in the previous year.

In terms of returns over the cost of production, wheat records the highest estimated margin at 106%, followed by rapeseed and mustard at 96%, lentil (masur) at 92%, and gram at 59%. During the Rabi Marketing Season (RMS) 2027-28, an estimated Rs 90,962 crore is expected to be paid to farmers for 324 lakh metric tonnes (MT) of produce. The enhanced MSPs for rabi crops are intended to ensure remunerative prices for farmers while incentivizing crop diversification.

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