Cabinet Approves MSP For Rabi Crops For Marketing Season 2025-26
The government has increased the minimum support price (MSP) of Rabi Crops to ensure remunerative prices to the growers for their produce
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for the Marketing Season 2025-26. The government has increased the MSP of Rabi Crops to ensure remunerative prices to the growers for their produce.
The absolute highest increase in MSP has been announced for Rapeseed and Mustard at Rs 300 per quintal followed by Lentil (Masur) at Rs 275 per quintal. The decision was notified on Wednesday by Union Minister Ashwini Vaishnaw after the Cabinet meeting held today.
As far as the absolute increase in the MSP for other crops is concerned, Gram has seen an absolute increase of Rs 210 per quintal, while the absolute increase in the MSP of Wheat is Rs 150 per quintal. Barley has seen an increase of Rs 130 per quintal.
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 per cent for wheat, followed by 98 per cent for rapeseed and mustard; 89 per cent for lentil; 60 per cent for gram; 60 per cent for barley; and 50 per cent for safflower.
The absolute increase in the minimum support price (MSP) of rabi crops is aimed at ensuring remunerative prices to the farmers. This has also been done to incentivise crop diversification. (ANI)
