India Raises MSP for Rabi Crops for 2027-28 Marketing Season

The Government of India has approved higher Minimum Support Prices (MSPs) for all six mandated rabi crops for the 2027-28 marketing season, aiming to provide remunerative returns to farmers and encourage crop diversification. The decision was approved by the Cabinet Committee on Economic Affairs (CCEA) on September 30, 2026.

Safflower received the largest increase of ?675 per quintal, taking its MSP to ?7,215. The MSP for rapeseed and mustard was raised by ?413 to ?6,613 per quintal, while lentil (masur) increased by ?390 to ?7,390 per quintal.

The MSP for barley was increased by ?136 to ?2,286 per quintal, while gram (chana) rose by ?83 to ?5,958. Wheat recorded the smallest increase of ?25, taking its MSP to ?2,610 per quintal.

According to the government, the revised MSPs provide returns above the estimated cost of production, ranging from 50% for safflower to 106% for wheat. The increase follows the policy of fixing MSPs at least 1.5 times the all-India weighted average cost of production.

The revised prices are intended to support farm incomes while encouraging greater cultivation of pulses and oilseeds, helping strengthen domestic production and reduce dependence on imports.