Cabinet raises wheat MSP by ₹25 to ₹2,610 per quintal for 2027-28
The Indian cabinet approved higher minimum support prices for the 2027‑28 season, raising wheat's MSP by ₹25 to ₹2,610 per quintal. Pulse prices also rose: gram's MSP increased by ₹83 to ₹5,958 per quintal, and masoor dal's MSP jumped ₹390, reaching ₹7,390 per quintal. The revision aims to stabilize farmer incomes.