Has the Centre Taken a Major Step by Increasing MSP? Punjab BJP

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Has the Centre Taken a Major Step by Increasing MSP? Punjab BJP

Synopsis

In a groundbreaking decision, the Modi government has raised the minimum support price (MSP) for crops, significantly benefiting farmers ahead of the festive season. This policy aims to enhance agricultural income and ensure food security, showcasing the government's commitment to the farming community.

Key Takeaways

  • MSP for wheat increased by Rs 160 per quintal.
  • MSP for barley raised from Rs 1,980 to Rs 2,150.
  • MSP for gram increased from Rs 5,650 to Rs 5,875.
  • MSP for lentils raised from Rs 6,700 to Rs 7,000.
  • MSP for mustard increased from Rs 5,950 to Rs 6,200.

Chandigarh, Oct 1 (NationPress) In a significant move aimed at supporting farmers just before the festive season, the Modi administration has sanctioned a noteworthy increase in the minimum support price (MSP) for crops for the year 2026-27.

This groundbreaking decision, made during the Union Cabinet meeting, has been met with widespread approval from farmers nationwide, stated BJP Punjab spokesperson Pritpal Singh Baliawal on Wednesday.

Baliawal noted that similar to the recent reduction in GST rates aimed at providing relief to the general public during the festive period, the Centre has now offered considerable support to the “annadata” by raising the MSP.

He clarified that the MSP for wheat has been boosted by a record Rs 160 per quintal, increasing from Rs 2,425 in 2025-26 to Rs 2,585, guaranteeing higher earnings for farmers and providing an extra benefit of around Rs 4,500 to Rs 5,000 per acre.

Additionally, he pointed out that the MSP for barley has been adjusted from Rs 1,980 to Rs 2,150, for gram from Rs 5,650 to Rs 5,875, for lentils from Rs 6,700 to Rs 7,000, for rapeseed and mustard from Rs 5,950 to Rs 6,200, and for safflower from Rs 5,940 to Rs 6,540.

These comprehensive adjustments, he stated, will not only bolster farming incomes but also contribute to the festive spirit of the agricultural community.

Reinforcing the broader vision of the government, Baliawal asserted that boosting farmers’ income has consistently been the Modi government’s foremost objective, and this decision once again underscores its steadfast commitment to the welfare and prosperity of the farming sector.

The Union Cabinet, presided over by Prime Minister Narendra Modi, made two significant decisions on Wednesday, coinciding with the eve of Dussehra during the auspicious Navratri festival.

Union Minister for Agriculture and Farmers’ Welfare Shivraj Singh Chouhan announced that the Cabinet sanctioned the ‘National Pulses Mission’ while simultaneously increasing the MSP for rabi crops.

Chouhan expressed appreciation to the Prime Minister on behalf of the farmers, highlighting that these decisions will yield long-term positive effects on food and nutritional security, farmers’ welfare, and overall agricultural productivity.

He added that the government has aligned resources and schemes with farmers’ interests as its primary focus, emphasizing the Modi administration’s attentiveness towards the farming community.

Point of View

It is imperative to recognize the Modi government's continuous efforts to support the agricultural sector. This recent MSP hike not only addresses the immediate needs of farmers but also aligns with the overarching goal of enhancing food security and ensuring long-term sustainability in agriculture, reflecting a commitment to national welfare.
NationPress
01/10/2025

Frequently Asked Questions

What is the minimum support price (MSP)?
The minimum support price (MSP) is a price set by the government to purchase directly from the farmer, ensuring that they receive a guaranteed price for their produce.
Why was the MSP increased?
The MSP was increased to support farmers, enhance their income, and provide relief during the festive season.
How does the MSP hike benefit farmers?
The MSP hike benefits farmers by ensuring higher income levels and providing additional financial benefits per acre of land.
When will the new MSP rates come into effect?
The new MSP rates are applicable for the crop year 2026-27.
What crops are affected by the MSP increase?
The MSP increase affects several crops, including wheat, barley, gram, lentils, rapeseed, mustard, and safflower.
Nation Press