News Brief

Farmers To Gain As Union Cabinet Raises MSP Of Key Rabi Crops For 2025-26 Marketing Season—Here’s What To Know

Kuldeep Negi

Oct 16, 2024, 03:49 PM | Updated 03:49 PM IST


Wheat
Wheat

The Union Cabinet has approved new Minimum Support Prices (MSP) for Rabi crops for the upcoming marketing season 2025-26.

The decision was taken to ensure better income for farmers and to promote the cultivation of key crops during the Rabi season. The revised MSP rates aim to give farmers a fair price 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.

For gram, wheat, safflower and barley, there is an increase of Rs 210 per quintal, Rs 150 per quintal, Rs 140 per quintal and Rs 130 per quintal respectively.

The minimum support price (MSP) for wheat, a major Rabi crop, has been raised by Rs 150 per quintal.

The new MSP for wheat stands at Rs 2,425 per quintal, compared to Rs 2,275 in the previous season.

Wheat, being a staple in many regions of the country, particularly in northern India, is expected to bring significant benefits to farmers with this price increase.

The MSP for mustard has been increased by Rs 300, raising it from Rs 5,650 to Rs 5,950 per quintal.

Mustard, a key oilseed crop, is extensively cultivated in states such as Rajasthan, Haryana, and Madhya Pradesh.

The higher MSP is expected to offer farmers improved returns and promote greater cultivation of the crop, which plays a vital role in India's edible oil supply.

Also Read: Haryana: BJP Names Nayab Saini As Legislature Party Leader, Set To Take Oath As Chief Minister Tomorrow In Panchkula

Kuldeep is Senior Editor (Newsroom) at Swarajya. He tweets at @kaydnegi.


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