Cabinet approves Minimum Support Prices for Rabi Crops for Marketing Season 2025-26

Newdelhi:16/10/24:The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Shri Narendra Modi, has approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for Marketing Season 2025-26.

The government has increased the MSP of Rabi Crops for Marketing Season 2025-26, to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been announced for Rapeseed & 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.

Minimum Support Prices for all Rabi Crops for Marketing Season 2025-26

(Rs. per quintal)

*Refers to cost which includes all paid-out costs such as those incurred on account of hired human labour, bullock labour/machine labour, rent paid for leased in land, expenses incurred on use of material inputs like seeds, fertilizers, manures, irrigation charges, depreciation on implements and farm buildings, interest on working capital, diesel/electricity for the operation of pump sets, etc., miscellaneous expenses and imputed value of family labour.

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 the All-India weighted average Cost of Production. The expected margin over the All-India weighted average cost of production is 105 percent for wheat, followed by 98 percent for rapeseed & mustard; 89 percent for lentil; 60 percent for gram; 60 percent for barley; and 50 percent for safflower. This increased MSP of rabi crops will ensure remunerative prices to the farmers and incentivize crop diversification.