Noida, June 19 (APAC Media): The union government on Friday approved large-scale procurement of pulses and oilseeds under the Price Support Scheme (PSS) for four states, aiming to ensure remunerative prices for farmers and curb distress sales during the 2026 marketing season.
Union Agriculture and Rural Development Minister Shivraj Singh Chouhan cleared the procurement proposals through video conferencing, officials said.
Under the decision, Uttar Pradesh emerged as the largest beneficiary, with approval for procurement of 48,298 metric tonnes of moong, 97,970 MT of urad and 41,718 MT of groundnut, valued at over ₹1,490 crore.
MSP Procurement Approval (Pulses & Oilseeds – 2026)
| State | Crop | Quantity (MT) | MSP Value |
|---|---|---|---|
| Uttar Pradesh | Moong, Urad, Groundnut | 48,298 MT Moong + 97,970 MT Urad + 41,718 MT Groundnut | ₹1,490+ crore |
| Gujarat | Moong | 18,250 MT | ₹160+ crore |
| Tamil Nadu | Moong | 990 MT (increased by 105 MT) | ₹8.68 crore |
| Haryana | Moong | 2,115 MT | ₹18+ crore |
In Gujarat, 18,250 MT of moong has been approved for procurement worth more than ₹160 crore. In Tamil Nadu, the government has increased the moong procurement limit for the Rabi Marketing Season 2025–26 from 885 MT to 990 MT, adding 105 MT to the earlier target, with total value estimated at ₹8.68 crore.
For Haryana, approval has been granted for procurement of 2,115 MT of moong under MSP support, valued at over ₹18 crore.
Chouhan said the move reflects the government’s commitment to strengthening price assurance mechanisms for pulses and oilseeds. “The objective is to ensure that farmers receive fair and remunerative prices for their produce and are protected from market volatility,” he said.
He further added, “This decision under the Price Support Scheme will directly benefit cultivators and reinforce our efforts to achieve self-reliance in pulse production.”
Officials said the procurement operations will be implemented through designated agencies under the PSS framework, ensuring transparent and timely procurement at MSP rates.
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The initiative is expected to provide significant relief to pulse growers, particularly during peak harvesting pressure, and support broader efforts to stabilise domestic food supply chains.
“The Price Support Scheme interventions form part of a broader strategy to stabilise agricultural markets, improve income security for small and marginal farmers, and promote balanced crop diversification across major producing states in the country over the medium term,” officials from the ministry said in a statement issued today.
Analysts said the enhanced procurement could also encourage farmers to expand cultivation of moong, urad and oilseed crops in the coming seasons.
–ENDS–
Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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