Overview

• Wheat MSP rises by Rs 160 per quintal to Rs 2,585, a 6.59% increase over last year’s Rs 2,425.
• MSPs approved for six rabi crops: barley Rs 2,150, gram Rs 5,875, lentil Rs 7,000, rapeseed & mustard Rs 6,200, and safflower Rs 6,540.
• Safflower sees the steepest absolute hike at Rs 600 per quintal, with other crops up by Rs 170–300.
• The government targets procurement of about 29.7 million tonnes with estimated MSP payments of roughly Rs 84,263 crore to farmers.
• Expected margins over all-India average cost are 109% for wheat, 93% for mustard, 89% for lentil, 59% for gram, 58% for barley, and 50% for safflower, as India pursues a 119 MT wheat output goal for 2025–26.