Cabinet Approves Rabi MSP Hike for 2027-28 Season
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The Union Cabinet has approved an increase in the Minimum Support Prices (MSP) for all Rabi crops for the 2027-28 marketing season. The hike includes a ₹25 increase for wheat to ₹2,610 per quintal, ₹83 for gram to ₹5,958 per quintal, and ₹390 for masur to ₹7,390 per quintal. The MSP for safflower saw the biggest boost, increasing by ₹675 to ₹7,215 per quintal. This decision aims to ensure better remunerative prices for farmers and encourage crop diversification.
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