MSP Hike for Rabi Crops 2026-27
In News
What Happened
Why It Matters
Background
History & Context
What Changed
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Safflower MSP: BEFORE it was Rs 5940 per quintal; NOW it is Rs 6540 per quintal (an absolute increase of Rs 600).
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Wheat MSP: BEFORE it was Rs 2425 per quintal; NOW it is Rs 2585 per quintal (an absolute increase of Rs 160).
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Rapeseed and Mustard MSP: BEFORE it was Rs 5950 per quintal; NOW it is Rs 6200 per quintal (an increase of Rs 250).
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Lentil (Masur) MSP: BEFORE it was Rs 6700 per quintal; NOW it is Rs 7000 per quintal (an increase of Rs 300).
Prelims Angle
NCERT Connection
Practice Questions
Q1
Correct Statement(s)Which of the following statements is/are correct regarding the Minimum Support Price (MSP) framework? 1. The current policy mandates fixing the MSP at a level of at least 1.5 times the all-India weighted average cost of production (A2+FL). 2. The final approval for MSP hikes is given by the Commission for Agricultural Costs and Prices (CACP).