
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi, has approved an increase in the Minimum Support Prices (MSP) for all mandated rabi crops for the marketing season 2026-27. The move aims to ensure remunerative prices for farmers and encourage crop diversification.
The highest MSP increase has been announced for safflower, which rises by ₹600 per quintal, followed by lentils (Masur) at ₹300 per quintal. Other key crops, including rapeseed & mustard, gram, barley, and wheat, have also seen significant hikes of ₹250, ₹225, ₹170, and ₹160 per quintal, respectively.
MSP for Rabi Crops 2026-27
| Crop | MSP 2026-27 (₹/qtl) | Cost of Production (₹/qtl) | Margin (%) | MSP 2025-26 (₹/qtl) | Increase (₹/qtl) |
| Wheat | 2585 | 1239 | 109 | 2425 | 160 |
| Barley | 2150 | 1361 | 58 | 1980 | 170 |
| Gram (Chana) | 5875 | 3699 | 59 | 5650 | 225 |
| Lentils (Masur) | 7000 | 3705 | 89 | 6700 | 300 |
| Rapeseed & Mustard | 6200 | 3210 | 93 | 5950 | 250 |
| Safflower | 6540 | 4360 | 50 | 5940 | 600 |
The cost of production includes all paid-out expenses, such as hired labor, machine and bullock labor, rent for leased land, seeds, fertilizers, irrigation, depreciation on implements, electricity/diesel, miscellaneous expenses, and the imputed value of family labor.
The MSP hike aligns with the Union Budget 2018-19 commitment to ensure that MSPs are fixed at least 1.5 times the all-India weighted average cost of production. With this increase, farmers can expect a margin over cost of production of 109% for wheat, 93% for rapeseed & mustard, 89% for lentils, 59% for gram, 58% for barley, and 50% for safflower.
This move not only guarantees remunerative prices for farmers but also aims to promote crop diversification and strengthen the financial security of agricultural communities across the country.














