• About us
  • Contact us
  • Our team
  • Terms of Service
Saturday, April 4, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Govt hikes wheat MSP by Rs 150/quintal at Rs 2,425 ahead of state polls

Press Trust of india by Press Trust of india
October 16, 2024
in BUSINESS
A A
0
Safeguarding the future of growers, farmers!
FacebookTwitterWhatsapp

New Delhi:  The government on Wednesday increased the Minimum Support Price (MSP) for wheat by Rs 150 to Rs 2,425 per quintal for the 2025-26 marketing season, a move that comes ahead of key state elections.

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved price hikes for six rabi crops, with increases ranging from Rs 130 to Rs 300 per quintal for the 2025-26 marketing season beginning April 2025.

More News

Russia offers to scale up crude oil, LNG supplies to India amid West Asia crisis

IndianOil says LPG supply stable, warns against panic booking amid global tensions

West Asia crisis: Govt exempts import duty on key petrochemical products till June

Load More

“Like for Kharif crops, there is a significant increase in the MSP for rabi crops,” Information and Broadcasting Minister Ashwini Vaishnaw said in a media briefing after the cabinet meeting.

He highlighted that the new wheat MSP is 105 per cent higher than the cost of production, calling it “a big thing.”

The government also raised the MSP for rapeseed and mustard seed by Rs 300 to Rs 5,950 per quintal, aiming to boost domestic oilseed production and reduce edible oil imports.

The support price for safflower increased by Rs 140 to Rs 5,940 per quintal for 2025-26 from Rs 5,800 per quintal in the previous season.

In the case of pulses, the support price for lentil (masur) increased by Rs 275 to Rs 6,700 per quintal, while that for gram MSP raised by Rs 210 to Rs 5,650 per quintal for 2025-26.

The support price for barley increased by Rs 130 to Rs 1,980 per quintal for 2025-26 from Rs 1,850 per quintal in the previous season.

The announcement comes as states like Maharashtra, Jharkhand, and Delhi prepare for elections.

However, Vaishnaw dismissed any connection between the MSP hikes and the upcoming polls, stating that such announcements typically occur around this time.

The minister asserted that farmers have a “good feeling” towards the government, citing transformative changes in their lives.

The MSP increases align with the 2018-19 Union Budget commitment to set support prices at least 1.5 times the all-India weighted average cost of production.

The government expects these hikes to ensure remunerative prices for farmers and encourage crop diversification.

Previous Post

Govt approves Rs 35,000 cr for PM Annadata Aay Sanrakshan Abhiyan

Next Post

Neymar: The Prince who never became King

Press Trust of india

Press Trust of india

Related Posts

Russia offers to scale up crude oil, LNG supplies to India amid West Asia crisis

Russia to build up strategic partnership with India: Foreign policy update
April 3, 2026

New Delhi: With the West Asia crisis continuing to drive volatility in the global energy market, Russia has offered to...

Read moreDetails

IndianOil says LPG supply stable, warns against panic booking amid global tensions

IOC invites application for retail outlet dealership
April 3, 2026

New Delhi:  Indian Oil Corporation (IOC), the nation's biggest oil firm, on Friday said liquefied petroleum gas (LPG) supply in...

Read moreDetails

West Asia crisis: Govt exempts import duty on key petrochemical products till June

West Asia crisis: Govt exempts import duty on key petrochemical products till June
April 3, 2026

New Delhi:  The government on Thursday exempted import of critical petrochemical products from customs duty for three months till June...

Read moreDetails

Govt directs refineries to reroute LPG feedstock to industries hit by petrochemical shortage

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
April 3, 2026

New Delhi: The government has directed oil refineries to divert a portion of the feedstock normally used for producing cooking...

Read moreDetails

FCRA amendment sparks row; Oppn flags minority rights concerns, BJP cites national security

Govt introduces women’s reservation bill in Lok Sabha
April 1, 2026

New Delhi: The Foreign Contribution (Regulation) Amendment Bill, 2026, saw a sharp political divide on Wednesday, with the BJP defending...

Read moreDetails

Centre says adequate supply of seeds, pesticides for Kharif sowing; asks states to check hoarding

Centre plans permanent framework for weather advisory units for farmers shut last year
April 1, 2026

New Delhi: The Centre on Wednesday asserted that the country has an adequate supply of seeds and agro-chemicals for the...

Read moreDetails
Next Post
Neymar leads Brazil to 2-0 friendly win over Croatia

Neymar: The Prince who never became King

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.