BusinessCentre Raises MSP for Rabi Crops in 2027-28; Safflower Sees Highest Increase
The Cabinet Committee on Economic Affairs, led by PM Narendra Modi, approved higher minimum support prices (MSPs) for six mandated rabi crops for the 2027-28 season. Safflower's MSP rose by Rs 675 per quintal, the largest increase, followed by rapeseed and mustard (Rs 413), lentil (Rs 390), barley (Rs 136), gram (Rs 83), and wheat (Rs 25). The new MSP for wheat is Rs 2,610 per quintal. The government ensures at least a 50% margin over production costs, with expected returns ranging from 50% to 106% across crops.
Deccan Herald·2h ago


