The MSP for wheat has been raised by Rs 150 per quintal, moving from Rs 2,275 to Rs 2,425. Mustard saw a hike of Rs 300, bringing its MSP to Rs 5,950 per quintal, while the MSP for gram was increased by Rs 210 to Rs 5,650 per quintal.
This move is aimed at providing financial relief to farmers and supporting agricultural income, especially during the upcoming rabi season.
The Commission for Agricultural Costs & Prices (CACP) recommends MSP for 22 crops before the sowing period each year. There are 14 Kharif crops and seven Rabi crops covered under MSP.
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