Centre Has Entered Rabi Season with 34%higher Fertiliser Stock: Chouhan
- On Wednesday, the Union Cabinet approved higher Minimum Support Prices for all six mandated rabi crops for the 2027-28 marketing season, raising wheat to Rs 2,610 per quintal with a Rs 25 increase.
- Union Information and Broadcasting Minister Ashwini Vaishnaw announced the decision following a Cabinet meeting chaired by Prime Minister Narendra Modi, based on CACP recommendations factoring in production costs and price trends.
- Safflower received the largest increase of 10.32 per cent to Rs 7,215 per quintal, while rapeseed and mustard rose 6.66 per cent to Rs 6,613; masur climbed to Rs 7,390 and gram to Rs 5,958.
- Farmers will receive an estimated Rs 90,962 crore in total payouts under the revised MSPs for the 2027-28 marketing year, while the government set a wheat production target of 121 million tonnes for 2026-27.
- These revised MSPs arrive ahead of the upcoming rabi sowing season, which typically begins in October in India, with harvesting scheduled to start in April.
31 Articles
31 Articles
Centre raises MSP for wheat for ‘more than double’ production cost; price now stands at ₹2,610 per quintal
The agricultural sector has achieved over 4% growth, enhancing farmer welfare and food security. The government raised the MSP for wheat to ₹2,610 for the 2027-28 year.
Farmers Get Rabi MSP Boost, Delhi Gets AI Traffic Plan: 3 Big Cabinet Calls Explained
The Union Cabinet has approved three major measures covering agriculture, renewable energy and Delhi's traffic management system. The decisions include higher Minimum Support Prices (MSP) for all six mandated Rabi crops for the 2027-28 marketing season, a Rs 1.86
Cabinet Raises Rabi MSPs for 2027-28; Oilseeds Get Bigger Boost, Wheat Up by Just Rs 25
Get latest articles and stories on Business at LatestLY. The Union Cabinet on Wednesday approved higher Minimum Support Prices (MSP) for all six mandated rabi crops for the 2027-28 marketing season, with the government giving substantially larger increases to oilseeds and lentils while raising the support price for wheat by just Rs 25 per quintal. Business News | Cabinet Raises Rabi MSPs for 2027-28; Oilseeds Get Bigger Boost, Wheat Up by Just R…
Modest hike ahead of polls: Centre raises wheat MSP by just Rs 25/quintal
The Centre has approved minimum support prices for six rabi crops for 2027-28. Wheat MSP sees a minor hike of Rs 25 per quintal to Rs 2,610, while safflower and mustard recorded the highest increases of up to 10.32 per cent.
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