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Central govt increases MSP for new season's wheat to ₹2,610 per quintal
The Union Cabinet is likely to have 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, sources said on Wednesday. The MSP for wheat for the 2026-27 marketing year (April-March) was fixed at Rs 2,585 per quintal. Based on the recommendation of the Commission for Agricultural Costs & Prices (CACP), the agriculture ministry had proposed a nominal hike, factoring in the cost of production, El Nino…
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