The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved an increase in the Minimum Support Prices (MSP) for all mandated Rabi crops for the Marketing Season 2026–27.
The highest absolute increase has been announced for safflower at ₹600 per quintal, followed by lentils (masur) at ₹300 per quintal. For rapeseed & mustard, gram, barley, and wheat, the MSP has been raised by ₹250, ₹225, ₹170, and ₹160 per quintal, respectively.
“The MSP hikes are in line with the commitment made in the Union Budget 2018–19 to set MSPs at least 1.5 times the all-India weighted average cost of production,” stated a government press release. Farmers are assured of up to 109% returns over cost, with significant increases in the MSP for rabi crops, including wheat.
Union Minister for Agriculture & Farmers’ Welfare and Rural Development, Shivraj Singh Chouhan, expressed gratitude to the Prime Minister on behalf of farmers, noting that these decisions will have long-term positive impacts on food and nutritional security, farmers’ welfare, and agricultural production.
Chouhan highlighted that compared to 2014–15, MSPs have more than doubled during the Modi government’s tenure: wheat rose from ₹1,400 to ₹2,585 per quintal, barley from ₹1,100 to ₹2,150, gram (chana) from ₹3,100 to ₹5,875, lentils from ₹2,950 to ₹7,000, rapeseed/mustard from ₹3,050 to ₹6,200, and safflower from ₹3,000 to ₹6,540.
“These historic decisions reflect the central government’s farmer-first approach and mark decisive steps to enhance farmer incomes,” Chouhan said, adding that farmers’ welfare remains the Modi government’s foremost priority.