Union Cabinet approves new MSP rates for Rabi crops ahead of 2025-26 season

The Union Cabinet has officially approved new Minimum Support Prices (MSP) for Rabi crops for the marketing season 2025-26. This significant decision aims to enhance the income of farmers and encourage the cultivation of essential crops during the Rabi season. The revised MSP rates are designed to ensure that farmers receive a fair price for their produce, supporting their livelihoods amid fluctuating market conditions.

For wheat, a staple Rabi crop critical to many regions in India, the MSP has been increased by Rs 150 per quintal. This adjustment raises the price from Rs 2,275 in the previous season to Rs 2,425 per quintal. This increase is expected to have a particularly positive impact on farmers in northern India, where wheat is the primary crop. The government's intention is to support wheat growers by helping them cover their input costs and providing a financial buffer against market volatility.

In addition to wheat, the MSP for mustard has also seen a notable increase of Rs 300, taking it from Rs 5,650 to Rs 5,950 per quintal. Mustard is widely cultivated in states like Rajasthan, Haryana, and Madhya Pradesh and serves as a vital oilseed crop for both farmers and consumers. This higher MSP is expected to yield better returns for mustard farmers, encouraging an uptick in cultivation and ultimately bolstering India's edible oil supply.

Chana, a key pulse crop in India, will also see its MSP rise by Rs 210, bringing the new rate to Rs 5,650 per quintal. This increase aims to stimulate greater production of pulses, which are an essential source of protein in the Indian diet. Farmers cultivating chana, especially in states such as Madhya Pradesh and Maharashtra, stand to benefit from the enhanced MSP, which is anticipated to help cover their production costs and improve their profit margins.

These revised MSPs represent the government's ongoing commitment to supporting the agricultural sector and ensuring food security in the country. The decision is expected to empower farmers, encouraging them to invest more in their crops and ultimately contribute to the nation's agricultural productivity.

The new MSPs are a step toward achieving better income levels for farmers and promoting the cultivation of vital crops, ensuring that the agricultural community remains resilient in the face of challenges.