North News
New Delhi, October 16
The Union Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved an increase in the Minimum Support Prices (MSP) for all mandated Rabi crops for the 2025-26 marketing season. The move aims to ensure remunerative prices for farmers’ produce. The highest increase in MSP was announced for rapeseed and mustard at ₹300 per quintal, followed by lentil (masur) at ₹275 per quintal. Gram, wheat, safflower, and barley saw increases of ₹210, ₹150, ₹140, and ₹130 per quintal, respectively.
The increase aligns with the Union Budget 2018-19’s goal of setting MSP at least 1.5 times the all-India weighted average cost of production. The expected margin over the production cost is 105% for wheat, 98% for rapeseed and mustard, 89% for lentil, 60% for both gram and barley, and 50% for safflower. This MSP hike aims to ensure fair prices for farmers and promote crop diversification.
