NEW DELHI: The Union Cabinet on Wednesday approved a Rs 25 per quintal increase in the minimum support price (MSP) of wheat, taking it to Rs 2,610 per quintal for the 2027-28 rabi marketing year, I&B Minister Ashwini Vaishnaw said on Wednesday.
The MSP for wheat for the 2026-27 marketing year (April-March) was fixed at Rs 2,585 per quintal.
The agriculture ministry’s proposal on MSP for wheat and other five rabi crops was cleared at the Cabinet meeting chaired by Prime Minister Narendra Modi.
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