Minimum Support Price
Minimum Support Prices: From Safety Net to Self-Sufficiency
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