The Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi has approved an increase in the minimum support price (MSP) of all mandatory Rabi crops for the marketing session 2026-27. The government has increased the MSP of Rabi crops for the marketing session 2026-27, so that producers can ensure a profitable value of their produce. The highest increase in MSP has been announced by Rs 600 per quintal for Kusum and Rs 300 per quintal for lentils.
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Rapeseed and mustard, gram, barley and wheat have been increased by Rs 250 per quintal, Rs 225 per quintal, Rs 170 per quintal and Rs 160 per quintal respectively. Cost costs the cost that includes all paid costs such as human labor, bull labor/machine labor, leased land paid for land paid for land paid, seeds, fertilizers, fertilizers, expenses made on use of input, irrigation charges, tools and depreciation on agricultural buildings, interest on working capital, interest on working capital etc. Value.
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The increase in MSP of mandatory rabi crops compulsory for marketing session 2026-27, the announcement of fixing the MSP at a level of at least 1.5 times of the All India weighted average production cost of the Union Budget 2018-19. The required margin at the All India weighted average production cost is 109 percent for wheat, 93 percent for rapeseed and mustard, 89 percent for lentils, 59 percent for gram, 58 percent for barley and 50 percent for safflower. This increase in MSP of Rabi crops will ensure beneficial prices to farmers and encourage crop diversification.