6 months ago
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NEW DELHI: Sending a awesome to farmers up of the adjacent sowing season, Union furniture approved connected Wednesday hikes successful minimum enactment terms (MSP) of six rabi crops, with wheat getting an summation of astir 6.6% to Rs 2,585 per quintal for 2026-27 selling season, up from existing Rs 2,425 per quintal.Safflower got highest implicit & percent hike, showing govt’s intent to promote farmers to opt for oilseeds cultivation done harvest diversification. While Maharashtra & Karnataka are main safflower-growing states, it is besides cultivated successful Andhra, Telangana, Gujarat, MP and Rajasthan. However, expected summation implicit outgo of accumulation for farmers is highest for wheat (margin of 109% implicit all-India weighted mean outgo of production), followed by rapeseed & mustard (93%), lentil (89%), gram (59%), barley (58%), and safflower (50%).Since govt estimated procurement of 297 lakh tonnes of these crops during 2026-27 selling season, farmers are expected to beryllium paid Rs 84,263 crore for the same. The implicit summation successful MSP for safflower is Rs 600 per quintal, followed by Rs 300 per quintal for lentil (masur), Rs 250 per quintal for rapeseed & mustard, Rs 225 per quintal for gram, Rs 170 per quintal for barley, and Rs 160 per quintal for wheat.
