New Delhi, Oct 02: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved an increase in Minimum Support Prices (MSP) for Rabi crops for the Marketing Season 2026-27 to ensure profitable pricing for growers.

The largest increase is for Safflower at Rs.600 per quintal, followed by Lentil (Masur) at Rs.300. Other increases include Rs.250 for Rapeseed & Mustard, Rs.225 for Gram, Rs.170 for Barley, and Rs.160 for Wheat.

The MSP increases are aligned with the Union Budget’s directive to set MSP at least 1.5 times the average cost of production, ensuring farmers receive fair compensation and promoting crop diversification.

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