Govt hikes MSP for six rabi crops: Wheat to see most gain over cost of production
The Union cabinet approved significant hikes in minimum support prices for six rabi crops, including a 6.6% increase for wheat to Rs 2,585 per quintal for the 2026-27 marketing season. Safflower received the highest absolute and percentage hike, aiming to encourage oilseed cultivation. Farmers are expected to receive Rs 84,263 crore for the estimated 297 lakh tonnes procured.
The Union cabinet approved significant hikes in minimum support prices for six rabi crops, including a 6.6% increase for wheat to Rs 2,585 per quintal for the 2026-27 marketing season. Safflower received the highest absolute and percentage hike, aiming to encourage oilseed cultivation. Farmers are expected to receive Rs 84,263 crore for the estimated 297 lakh tonnes procured. What's Your Reaction?
