Minimum Support Prices: From Safety Net to Self-Sufficiency

Official Press

10 Oct 2025

The Indian government has approved the Minimum Support Prices (MSP) for the Rabi Marketing Season (RMS) 2026-27, with an estimated procurement of 297 Lakh MT and a payout of approximately ₹84,263 crore to farmers. The MSP for wheat is set at ₹2,585 per quintal, ensuring a margin of 109% over production costs. The MSP for foodgrains has tripled since 2014-15, benefiting 1.84 crore farmers. The government aims for self-sufficiency in pulses by 2027, with 100% procurement of tur, urad, and masoor until 2028-29. Digital reforms and enhanced procurement mechanisms are also highlighted to support farmers.

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Prime Minister Lauds Bastar for Bustling 'Bastar Pandum' Celebration

Prime Minister Narendra Modi Highlights Mother Earth's Blessings with Sanskrit Subhashitam

Principal Controller of Communication Accounts Announces Schedule for Pensioner Facilitation Camps in Delhi

Recent Diplomatic Updates from India's Ministry of External Affairs