The Union Cabinet has approved new Minimum Support Prices (MSP) for Rabi crops for the upcoming marketing season 2025-26. Wheat is a staple crop in many parts of the country. The MSP for wheat, a key Rabi crop, has been increased by Rs 150 per quintal. This brings the new price to Rs 2,425 per quintal, up from Rs 2,275 in the previous season. For mustard, the MSP has been raised by Rs 300, taking it from Rs 5,650 to Rs 5,950 per quintal.
Chana has seen an increase in its MSP by Rs 210, bringing the new rate to Rs 5,650 per quintal. Chana is a key pulse crop in India and is widely consumed across the country. The MSP increase will cover the costs of production, including human labour, machine labour, land lease, seeds, fertilizers, irrigation, depreciation on farm implements, interest on working capital, and electricity or diesel for irrigation.
Presentation- Dibyabharati Nayak
