The government on Wednesday announced annual hikes in the range of 4 -10% in the minimum support prices (MSP) for the winter-sown crops for the marketing season 2026-27 (April-June).
The MSP of wheat, the key rabi crop, has been raised by 6.6% to Rs 2,585/quintal for 2026-27 season, which was similar to the hike in remunerative price for the cereal in the previous year (2025-26).
In the 2024-25 marketing year, the wheat MSP was hiked by 7.05% to Rs 2,275/quintal on year, the steepest rate ever.
Officials said the hike in the MSP of wheat is significant as it is the second largest crop after paddy in terms of area under cultivation.
The government has set a record wheat production target of 119 million tonne (MT) for the 2025-26 crop year (July-June), as against the estimated record