Why in news The Cabinet Committee on Economic Affairs increased the minimum support price (MSP) for rabi crops for the next marketing sea...
Why in news
The Cabinet Committee on Economic Affairs increased the minimum support price (MSP) for rabi crops for the next marketing season of 2025-26
The MSP for wheat going up by ₹150 a quintal.
The new MSP for a quintal of wheat is ₹2,425 in comparison to ₹2,275 per quintal, which was in place for the 2024-25 season.
This comes in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the all-India weighted average cost of production.
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