The Centre on Wednesday announced minimum support prices (MSPs) for six rabi crops for the rabi marketing season 2026-27, with wheat seeing an increase of Rs 160 per quintal over the current MSP.
The MSP hikes were approved by the Cabinet Committee on Economic Affairs, which met under the chairmanship of Prime Minister Narendra Modi .
The decision comes days before the announcement of the schedule for the Bihar Assembly elections.
“Government has increased the MSP of Rabi Crops for Marketing Season 2026-27, to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been announced for Safflower at Rs.600 per quintal followed by Lentil (Masur) at Rs.300 per quintal. For Rapeseed & Mustard, gram, barley, and wheat, there is an increase of R