India
Centre sets wheat MSP at Rs 2,610
The Indian Express··30 Sept
The Centre fixed wheat MSP at Rs 2,610 per quintal for rabi marketing season 2027-28, up Rs 25 or 0.97 percent. Safflower rose 10.32 percent to Rs 7,215 per quintal, the largest hike. The Cabinet Committee on Economic Affairs set MSPs for six rabi crops. Ashwini Vaishnaw said farmers will receive Rs 90,962 crore as MSP.
Prism
What It Means For You
- Wheat growers get a smaller percentage rise than last year's 6.6 percent wheat hike.
- Rapeseed and mustard MSP rises 6.66 percent to Rs 6,613 per quintal.
- Barley moves to Rs 2,286 per quintal, up Rs 136 or 6.33 percent.
What's Happening
- Gram MSP is Rs 5,958 per quintal and lentil MSP is Rs 7,390 per quintal.
- Uttar Pradesh leads wheat output, followed by Madhya Pradesh and Punjab.
- Average wheat area over five years was 31.52 million hectares.
Election-year wheat signal
- The Indian Express noted the modest wheat rise ahead of assembly polls in key states.
- Wheat is the second-largest crop by area after paddy.
- Average production over five years was 111.82 million tonnes.
all-news
