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Sep
30

MSP of Rabi crops including wheat and others may hit hike before Cabinet

The Union Cabinet and Cabinet Committee on Economic Affairs (CCEA) may consider several key proposals at their meeting today, including a possible increase in the Minimum Support Price (MSP) for six Rabi crops, sources said. The meetings are set to begin at 11 am, according to sources.

The Cabinet Committee on Economic Affairs (CCEA) is expected to approve higher Minimum Support Prices (MSPs) for six Rabi crops, including wheat, barley, gram, masur, rapeseed-mustard and safflower, for the Rabi Marketing Season (RMS) 2027-28.

The government declares MSPs ahead of the Rabi sowing season as a price-support mechanism targeted at providing farmers with assured returns for their produce.

For the ongoing RMS 2026-27, the MSP stands at Rs 2,585 per quintal for wheat, Rs 2,150 for barley, Rs 5,875 for gram, Rs 7,000 for masur, Rs 6,200 for rapeseed-mustard and Rs 6,540 for safflower.

The scheme seeks to bolster the transmission network to facilitate large-scale integration and evacuation of renewable power into the national grid.

The government is currently putting Green Energy Corridor (GEC) Phase-I and Phase-II across 10 states to support renewable energy evacuation into action. The Power Ministry estimates that the two phases will enable the evacuation of about 44 GW of renewable power, while GEC-III is being considered to support the next phase of large-scale clean energy integration.

The government’s long-term transmission roadmap targets the integration of over 500 GW of renewable energy capacity by 2030. Achieving this goal will require a major build-out of transmission networks, substations and other grid infrastructure.

The Cabinet is also expected to take up the continuation of the PM Ujjwala scheme and subsidy support for FY27, according to sources. Under the existing framework, Ujjwala beneficiaries receive a targeted subsidy of Rs 300 per 14.2-kg LPG cylinder, subject to the specified annual refill limit.

For FY2025-26, the government earmarked ₹12,000 crore for the targeted LPG subsidy. The PMUY beneficiary base stood at about 10.33 crore connections as of July 2025. The government has since maintained targeted assistance for Ujjwala households to help ensure LPG remains affordable for eligible consumers.