Cabinet raises wheat MSP by ₹25 to ₹2,610 per quintal for 2027-28
The Indian Union Cabinet has approved an increase in the Minimum Support Price (MSP) for wheat and other rabi crops for the 2027-28 marketing year. The government aims to balance production costs with market trends to support farmers' income.
Why it matters
Adjustments to MSP are critical for India's food security and the economic stability of its large agricultural sector, directly impacting farmer livelihoods and inflation.
The Union Cabinet on Wednesday (September 30, 2026) approved a ₹25 per quintal increase in the minimum support price (MSP) of wheat, taking it to ₹2,610 per quintal for the 2027-28 rabi marketing year, I&B Minister Ashwini Vaishnaw said on Wednesday (September 30, 2026).
The MSP for wheat for the 2026-27 marketing year (April-March) was fixed at ₹2,585 per quintal .
The Agriculture Ministry's proposal on MSP for wheat and other five rabi crops was cleared at the Cabinet meeting chaired by Prime Minister Narendra Modi.
"The production cost of wheat is ₹1,264 per quintal, but MSP has been kept more than double at ₹2,610 per quintal for 2027-28," Mr. Vaishnaw told reporters.
Barley MSP has been increased to ₹2,286 per quintal for the 2027-28 rabi marketing year from ₹2,150 per quintal in 2026-27.
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