Centre approves ₹5,547.99 crore MSP procurement of pulses and oilseeds in three states

Union Agriculture and Farmers’ Welfare and Rural Development Minister Shivraj Singh Chouhan has approved procurement worth ₹5,547.99 crore at Minimum Support Price (MSP) under the Price Support Scheme (PSS) for the Kharif Marketing Season 2026-27 in Uttar Pradesh, Karnataka and Telangana.
 
The procurement will cover around 7.06 lakh metric tonnes of pulses and oilseeds and is aimed at protecting farmers from a decline in market prices and ensuring remunerative returns for their produce.
 
In Uttar Pradesh, procurement worth ₹3,992.57 crore has been approved. This includes 4.66 lakh metric tonnes of tur valued at ₹3,937.70 crore and 6,250 metric tonnes of moong valued at ₹54.87 crore.
 
For farmers in Karnataka, procurement worth ₹1,107 crore has been approved. This comprises 1,15,500 metric tonnes of soybean valued at ₹659.27 crore, 38,250 metric tonnes of moong valued at ₹335.83 crore and 13,413 metric tonnes of sunflower valued at ₹111.90 crore.
 
In Telangana, procurement worth ₹448.42 crore has been approved. It includes 62,000 metric tonnes of soybean valued at ₹353.90 crore and 10,766 metric tonnes of moong valued at ₹94.52 crore.
 
Chouhan said the decision is aimed at providing greater economic security to farmers while encouraging domestic production of pulses and oilseeds. He added that strengthening procurement at MSP would contribute to India’s efforts towards self-reliance in pulses and edible oils.
 
The Agriculture Minister said the government is working to ensure that farmers receive remunerative prices for their produce and that procurement mechanisms remain transparent and accessible.
 
According to the Ministry, procurement arrangements at all designated centres will remain transparent, with payments for the produce being transferred directly into farmers’ bank accounts in a timely manner.
 
The procurement under the Price Support Scheme is expected to provide support to pulse and oilseed growers in the three states, particularly in the event of market prices falling below MSP.

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