Economy & Business
MSPs raised for the rabi crops of 2027-28
On 30 September 2026 rabi MSPs for 2027-28 were raised; safflower rose most (₹675) and wheat went to ₹2,610 a quintal.
On 30 September 2026 the Cabinet Committee on Economic Affairs raised the Minimum Support Prices of all mandated rabi crops for the 2027-28 marketing season. The largest increase was for safflower, ₹675 a quintal, followed by rapeseed and mustard, ₹413, and lentil (masur), ₹390. Wheat rose by ₹25, to ₹2,610 a quintal; at an expected 106 per cent over its cost of production, it has the widest margin of the six crops. The prices follow the rule, announced in the 2018-19 Budget, of at least 1.5 times the all-India weighted average cost of production.
Test yourself
Question 1
Which rabi crop got the largest increase in MSP, in rupees, for the 2027-28 marketing season?
- ASafflower
- BWheat
- CLentil (masur)
- DRapeseed and mustard
Show the answer and explanation
Correct answer: A
Explanation
Safflower rose by ₹675 a quintal, the most of any rabi crop.
Rapeseed and mustard rose by ₹413 and wheat by only ₹25.
- Concept
- Rabi MSP 2027-28
- Typical time
- 50 seconds
- Written from
- pib.gov.in
Question 2
Which body recommends the Minimum Support Prices of crops to the Government of India?
- ANABARD
- BAPEDA
- CFCI
- DCACP
Show the answer and explanation
Correct answer: D
Explanation
The Commission for Agricultural Costs and Prices (CACP) recommends MSPs; the Cabinet Committee on Economic Affairs decides them.
The FCI procures grain at the MSP; NABARD finances rural credit.
- Concept
- Who recommends MSP
- Typical time
- 40 seconds
- Written from
- pib.gov.in