Centre Raises Wheat MSP by Rs 25 Amid Pulses, Oilseeds Hike

The Centre has raised the minimum support price (MSP) of wheat by Rs 25 to Rs 2,610 per quintal for the 2027-28 rabi marketing year.

This decision was made at a meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi. The MSP for wheat in the 2026-27 rabi marketing year was Rs 2,585 per quintal.

The Centre has also increased the support prices of pulses and oilseeds by up to Rs 675 per quintal. For example, the MSP of gram has been increased by Rs 83 to Rs 5,958 per quintal, while that of masur (lentil) has been raised by Rs 390 to Rs 7,390 per quintal.

The total payout to farmers for procurement of 324 lakh tonnes in the 2027-28 marketing year is estimated at Rs 90,962 crore. The government has assured a margin of at least 50 per cent over the cost of production for all six mandated rabi crops.