Cabinet approves minimum support value (MSP) for all Rabi crops for 2026-27 marketing session

The minimum support value (MSP) of all mandatory Rabi crops has been approved by the Cabinet Committee (CCEA) headed by Prime Minister Narendra Modi.

Increased MSP as per crops (per quintal):

  • Kusum (Safflower): ₹600 per quintal (the most increase)

  • Mysore (Lentil): ₹300 per quintal

  • Mustard and rapeseed: ₹250 per quintal

  • Gram: ₹225 per quintal

  • Barley ₹170 per quintal

  • Wheat (Wheat): ₹160 per quintal

The Minister of Information and Broadcasting Ashwini Vaishnava reported that the revised MSP will promote farmers with a beneficial value as well as crop diversification.

Key Decisions and Announcements:

  • Self-reliance Mission in pulses (Mission for Aatmanirbharta in pulses):

    • Term & Budget: Year 2025-26 to 2030-31 (6 Years) ₹Financial Outlay of 11,440 crore.

    • Target: To increase production of pulses by 2030-31 to 350 lakh tonnes.

    • Advantage: The advanced seed, harvesting-equipment infrastructure and ensured purchase will benefit about 2 crore farmers.

  • Dearness Allowance (DA) and Dearness Relief (DR):

    • The allowance of the Central Government employees and pensioners has increased by 3%, which will be effective from July 1. This will benefit 49.2 lakh employees and 68.7 lakh pensioners.

  • New Kendriya Vidyalaya Approved:

    • Country ₹Expenditure of more than 5,862 crore will open 57 new Kendriya Vidyalayas. 20 of these schools will be opened in districts where there is no Kendriya Vidyalaya. This will benefit 87 thousand students and 4,600 additional teachers will be created.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment is processed.

EnglishenEnglishEnglish