Signal Desk · Economy

Cabinet raises safflower MSP by Rs 675 per quintal

2026-09-30 · 1 source · The Hindu Economy

In short

The Union Cabinet on Wednesday raised the safflower MSP to ₹7,215 per quintal for the 2027-28 rabi season. That is up by ₹675, or 10.3%, from the previous year.

This matters for safflower farmers because it gives them a higher guaranteed price. The reporting did not give the full price list for the other rabi crops.

What the reporting says

The Union Cabinet on Wednesday approved a safflower minimum support price of ₹7,215 per quintal for the 2027-28 rabi marketing season, up by ₹675 from the previous year. The reported increase was 10.3%, and it was described as the biggest hike among the rabi crops named in the coverage. The immediate effect is a higher assured price for safflower growers, while the other crop-wise revisions were not stated in the available reporting.

Why it matters

The Union Cabinet on Wednesday increased the safflower minimum support price to ₹7,215 per quintal for the 2027-28 rabi marketing season. The reported hike was ₹675 per quintal, or 10.3%, and was said to be the largest among the rabi crops covered. The other crop revisions were not fully stated in the available reporting, so the broader impact cannot be fully reconstructed.

Touches: Economy, Government

Sources