7 months ago
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The authorities connected Wednesday (October 1, 2025) announced a 6.59% summation successful the minimum enactment terms (MSP) for wheat to ₹2,585 per quintal for 2026-27 selling year.
The determination was taken successful the Cabinet gathering chaired by Prime Minister Narendra Modi.
Last year, wheat MSP was fixed astatine ₹2,425 per quintal for 2025-26 selling year.
Wheat is the main rabi (winter) crop, with sowing opening from precocious October, portion harvesting from March onwards. Other rabi crops see jowar, barley, gram and lentil.
Briefing the media aft the Cabinet meeting, Information and Broadcasting Minister Ashwini Vaishnaw said, "The Cabinet has approved MSP of six rabi crops for 2026-27 selling year. Wheat MSP has been fixed astatine Rs 2,585 per quintal."
Wheat selling twelvemonth 2026-27 volition commencement from April. However, the bulk of procurement ends successful June itself.
The MSP has been decided based connected the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Minister said.
The authorities has acceptable a grounds wheat accumulation people of 119 cardinal tonne for the 2025-26 harvest twelvemonth (July-June), arsenic against the existent output estimated astatine a grounds 117.5 cardinal tonne for 2024-25 harvest year.
