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Cabinet to Consider Hike in Rabi Crop MSP, Green Energy Corridor-III, and PM Ujjwala Scheme
M
Moneycontrol•30-09-2026, 13:42
Cabinet to Consider Hike in Rabi Crop MSP, Green Energy Corridor-III, and PM Ujjwala Scheme
- •The Union Cabinet and CCEA are set to review key proposals today, including an increase in the Minimum Support Price (MSP) for six Rabi crops.
- •The proposed MSP revision for wheat, barley, gram, masur, rapeseed-mustard, and safflower will apply to the Rabi Marketing Season 2027-28.
- •Another significant proposal is the Green Energy Corridor-III, with an estimated outlay of Rs 54,000 crore from FY27-FY33, aiming to strengthen transmission infrastructure for renewable energy.
- •The government is also likely to consider extending the PM Ujjwala scheme/subsidy support into FY27, continuing targeted support for LPG affordability.
- •Final decisions on these proposals will be announced following the Cabinet and CCEA meetings scheduled for today.
Key Questions Answered
The Union Cabinet and CCEA were expected to consider increasing the Minimum Support Price for six Rabi crops, which include wheat, barley, gram, masur, rapeseed-mustard, and safflower for the Rabi Marketing Season 2027-28.
The Green Energy Corridor-III carries an approximate financial outlay of Rs 54,000 crore and is planned for the period from FY27 to FY33 to strengthen transmission infrastructure.
The government approved a targeted subsidy of Rs 300 per 14.2-kg LPG cylinder for Ujjwala beneficiaries, with support capped at a prescribed number of refills.
