Cabinet clears Rs 2.79 lakh crore package: Rabi MSP hike for six crops, Rs 1.86 lakh crore for PM DHARA, Rs 1,790 crore for Delhi traffic system
Cabinet decisions today: Union Cabinet on Wednesday approved a series of key decisions, including the Rabi Price Policy for the 2027-28 marketing season, with an estimated payout of Rs 90,962 crore to farmers. MSPs for six Rabi crops, including wh...
Union Minister Ashwini Vaishnaw announced the decisions after the Cabinet meeting. The total value of the three decisions highlighted by the government stood at Rs 2,79,157 crore.
The biggest allocation, at Rs 1,86,405 crore, is for the PM DHARA (Developing Harmonized and Accelerated Renewable Energy Access) initiative. The government has also approved Rs 1,790 crore for an Intelligent Traffic Management System (ITMS) in the National Capital Territory of Delhi.
Read more - Delhi ITMS explained: How Centre’s Rs 1,789 crore plan aims to cut congestion across Delhi, Noida, Gurgaon & other neighbouring regions
The Cabinet has separately approved the Rabi Price Policy for the Rabi Marketing Season 2027-28, with an estimated payout of Rs 90,962 crore to farmers.
Rabi MSP 2027-28: New minimum support prices for six crops
The government has revised the Minimum Support Prices (MSP) for six major Rabi crops for the 2027-28 marketing season.The new MSP rates, according to the Cabinet presentation, are:
| Crop | Projected cost of production (Rs/quintal) | MSP (Rs/quintal) | Margin over cost |
|---|---|---|---|
| Wheat | 1,264 | 2,610 | 106% |
| Barley | 1,447 | 2,286 | 58% |
| Gram | 3,751 | 5,958 | 59% |
| Lentil (Masoor) | 3,854 | 7,390 | 92% |
| Rapeseed/Mustard | 3,367 | 6,613 | 96% |
| Safflower | 4,810 | 7,215 | 50% |
For the previous Rabi Marketing Season 2026-27, wheat MSP was Rs 2,585 per quintal, while barley was Rs 2,150, gram Rs 5,875, masoor Rs 7,000, rapeseed-mustard Rs 6,200 and safflower Rs 6,540.
Rs 90,962 crore estimated payout for farmers
The Cabinet presentation put the estimated financial payout to farmers under the Rabi Price Policy at Rs 90,962 crore.The six crops covered under the decision are wheat, barley, gram, lentil (masoor), rapeseed-mustard and safflower.
The government has used the projected cost of production and the corresponding margin over cost while setting the revised MSPs.
PM DHARA gets Rs 1.86 lakh crore allocation
Another major Cabinet decision is the approval of PM DHARA, with an allocation of Rs 1,86,405 crore, according to the presentation released after the meeting.The programme is focused on developing and accelerating access to renewable energy and forms part of the government's broader push towards expanding clean-energy infrastructure.
Delhi to get Rs 1,790 crore for intelligent traffic management
The Cabinet has also approved Rs 1,790 crore for an Intelligent Traffic Management System (ITMS) in the National Capital Territory of Delhi.The system is expected to use technology-based traffic management tools to improve monitoring and management of traffic movement across the capital.
Total value of three Cabinet decisions: Rs 2,79,157 crore
The three decisions announced in the Cabinet presentation carry a combined value of Rs 2,79,157 crore.| Cabinet decision | Amount |
|---|---|
| Rabi Price Policy for Rabi Marketing Season 2027-28 | Rs 90,962 crore |
| PM DHARA | Rs 1,86,405 crore |
| Intelligent Traffic Management System in NCT of Delhi | Rs 1,790 crore |
| Total | Rs 2,79,157 crore |
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