| Topic | Details |
|---|---|
| Event | Union Cabinet approves Minimum Support Price (MSP) hike for Rabi crops for 2026‑27 marketing season. |
| Objective | Ensure better returns for farmers and promote crop diversification. |
| Key Initiative | Launch of Mission for Aatmanirbharta in Pulses to reduce import dependency and increase domestic production. |
| MSP Definition | Assured price at which the government procures crops from farmers, safeguarding against market volatility. |
| Highest MSP Hike | Safflower: ₹600 per quintal. |
| Other MSP Increases | Lentil (Masur): ₹300/qtl, Rapeseed & Mustard: ₹250/qtl, Gram (Chana): ₹225/qtl, Barley: ₹170/qtl, Wheat: ₹160/qtl (now ₹2,585/qtl, a 6.6% increase). |
| Projected Farmer Revenue | Approximately ₹84,263 crore during the marketing season. |
| Margins over Production Cost | Wheat: 109%, Rapeseed & Mustard: 93%, Lentil: 89%, Gram: 59%, Barley: 58%, Safflower: 50%. |
| Mission for Aatmanirbharta | Financial Outlay: ₹11,440 crore over six years (2025‑26 to 2030‑31). Target: 350 lakh tonnes of pulses by 2030‑31. Farmers Benefited: Over 2 crore. |
| Focus of Pulses Mission | Promotion of high-yielding, pest-resistant, and climate-resilient pulse varieties. |
| Static Facts | Wheat MSP: ₹2,585/qtl (up ₹160). Safflower MSP Hike: ₹600/qtl. Pulses Mission: ₹11,440 crore, target 350 lakh tonnes. Duration: 2025‑26 to 2030‑31. Focus: High-yield, climate-resilient varieties. |
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