Significant MSP Hikes for Rabi Crops in 2024-25: Key Cabinet Decision

 

The Central Cabinet, under the leadership of Prime Minister Narendra Modi, has approved an increase in the minimum support prices (MSP) for all essential Rabi crops for the 2024-25 marketing season.

The maximum increase was granted to Masoor (lentils), with an approved MSP of ₹425 per quintal. Following this, Rapeseed and Mustard received an increase of ₹200 per quintal.

Wheat and Safflower witnessed an increase of ₹150 per quintal, and Barley and Chickpeas received approvals for increases of ₹115 per quintal and ₹105 per quintal, respectively.

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