Central govt increases MSP for rabi crops for 2025-26, wheat sees 6% hike

New Delhi, October 16: The MSP hike was approved by the Cabinet Committee on Economic Affairs, which met under Prime Minister Narendra Modi's chairmanship.

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The Centre on Wednesday announced minimum support prices (MSPs) for six rabi crops for the rabi marketing season (RMS) 2025-26, with wheat seeing an increase of Rs 150 per quintal or 6.59 percent over the current MSP.

The MSP for wheat is fixed at Rs 2,425 per quintal for RMS 2025-26, which is Rs 150 (or 6.59 percent) higher than the current MSP of Rs 2,275 per quintal (RMS 2023-24).

The government has increased the MSP of Rabi Crops to ensure remunerative prices to the growers for their produce. The highest increase in MSP has been announced for Rapeseed & Mustard at Rs 300 per quintal followed by Lentil (Masur) at Rs 275 per quintal.

The decision was announced on Wednesday by Union Minister Ashwini Vaishnaw after the Cabinet meeting held today.

For gram, wheat, safflower, and barley, there is an increase of Rs 210 per quintal, Rs150 per quintal, Rs140 per quintal, and Rs130 per quintal respectively.

The increase in MSP for mandated Rabi Crops for Marketing Season 2025-26 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production.

The expected margin over all-India weighted average cost of production is 105 percent for wheat, followed by 98 percent for rapeseed & mustard; 89 percent for lentil; 60 percent for gram; 60 percent for barley; and 50 percent for safflower.

This increased MSP of rabi crops will ensure remunerative prices to the farmers and incentivize crop diversification.