New Delhi [India], October 16 (ANI): Union Minister Shivraj Singh Chouhan said that Prime Minister Narendra Modi had resolved that the crops would be purchased at atleast 50 per cent profit above the cost of production to the farmers.
“PM Modi had resolved that the crops would be purchased from farmers at atleast 50 percent profit above the cost of production,” Shivraj Singh Chouhan said.
Earlier in the day, the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, approved the increase in the Minimum Support Prices (MSP) for all mandated Rabi Crops for the Marketing Season 2025-26.
“Central Government notifies MSP for 6 crops in Rabi marketing season for 2025-26. The MSP for wheat is fixed at Rs 2,425 per quintal for RMS 2025-26, barley is Rs 1,980 per quintal, gram is Rs 5,650 per quintal, lentil (masur) is Rs 6,700 per quintal, rapeseed and mustard is Rs 5,950 per quintal, and safflower is Rs 5,940 per quintal. There has been an increase of Rs 150 per quintal over the current MSP for wheat, an increase of Rs 130 per quintal over the current MSP for barley, an increase of Rs 210 per quintal over the current MSP for gram, an increase of Rs 275 per quintal over the current MSP for lentil (Masur), an increase of Rs 300 per quintal over the current MSP for rapeseed and mustard and an increase of Rs 140 per quintal over the current MSP for safflower,” he said.
“The profit on the cost is 105 percent for wheat, 60 percent for barley, 60 percent for grams, 89 percent for lentil, 98 percent on mustard, and 50 percent for safflower. The Congress government never did this. The central government is taking various steps for the benefit of farmers. If you see the comparison between 2014 and 2024 then MSP for wheat was Rs 1400 per quintal, Barley was Rs 1100 per quintal, Grams was Rs 3100 per quintal, lentil was Rs 2950 per quintal, mustard was Rs 3050 and safflower was Rs 3000 per quintal,” he added.
According to a release, the government has increased the MSP of Rabi Crops to ensure remunerative prices to the growers for their produce. The absolute highest increase in MSP has been announced for Rapeseed & Mustard at Rs 300 per quintal followed by Lentil (Masur) at Rs 275 per quintal.
The decision was announced on Wednesday by Union Minister Ashwini Vaishnaw after the Cabinet meeting held today.
For gram, wheat, safflower, and barley, there is an increase of Rs 210 per quintal, Rs150 per quintal, Rs140 per quintal, and Rs130 per quintal respectively.
The increase in MSP for mandated Rabi Crops for Marketing Season 2025-26 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production.
The expected margin over all-India weighted average cost of production is 105 percent for wheat, followed by 98 percent for rapeseed & mustard; 89 percent for lentil; 60 percent for gram; 60 percent for barley; and 50 percent for safflower. This increased MSP of rabi crops will ensure remunerative prices to the farmers and incentivise crop diversification. (ANI)
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