India MSP of Wheat (RMS, ₹/Quintal)
Source: statSCALAR
Key Takeaway
- The MSP for wheat increased from ₹2,015 per quintal in 2022–23 to ₹2,610 in 2027–28, representing growth of approximately 29.5%. The supplied CAGR is 5%, suggesting moderate growth in the support-price benchmark. The increase from ₹2,585 in 2026–27 to ₹2,610 in 2027–28 is relatively small compared with earlier annual changes, so the final-year value should be checked to confirm its status and year alignment.
About This Dataset
This dataset tracks the Government of India’s Minimum Support Price (MSP) for wheat under the Rabi Marketing Season (RMS), expressed in ₹ per quintal. Wheat is generally sown during October–December and harvested from March to May, while procurement typically begins around harvest and varies by state. The RMS generally runs from 1 April to 31 March of the following year, supporting historical MSP trend and procurement analysis.
Methodology
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