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.
33 Articles
33 Articles
Cabinet clears ₹2.79 lakh cr for Rabi MSP hike, Green Energy corridor & AI-driven ITMS for Delhi
The Union Cabinet, chaired by Prime Minister Narendra Modi, has cleared three major proposals. The MSP of six rabi crops has been increased for the 2027-28 marketing year, including a ₹25 hike in wheat MSP to ₹2,610 per quintal. The Cabinet also approved the ₹1.86 lakh crore Green Energy Corridor Phase-III to evacuate up to 135 GW of renewable power and deploy 50 GWh of battery storage. In Delhi, a ₹1,789.52-crore AI-based Intelligent Traffic Ma…
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…
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