India Raises Rabi Crop MSPs by Up to Rs 675 per Quintal
The Indian government has raised Minimum Support Prices (MSPs) for six rabi crops for the 2027-28 marketing season. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the increases in MSPs.
The biggest absolute increase went to safflower, with a rise of Rs 675 per quintal, followed by rapeseed and mustard at Rs 413, and lentil or masur at Rs 390. The MSP for barley was raised by Rs 136 per quintal and gram by Rs 83, while wheat received the smallest increase at Rs 25 per quintal.
The revised prices will see wheat MSP rise to Rs 2,610 per quintal from Rs 2,585 for the previous marketing season. Barley will rise to Rs 2,286, gram to Rs 5,958, lentil to Rs 7,390, rapeseed and mustard to Rs 6,613, and safflower to Rs 7,215 per quintal.
The government has been pushing crop diversification and greater domestic production of commodities where India relies on imports. Higher MSPs and procurement support have encouraged farmers to move beyond cereals towards pulses and oilseeds.