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Centre Approves Rs 5,548 Crore Pulses, Oilseeds Procurement at MSP for Kharif Season
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Moneycontrol•30-09-2026, 16:08
Centre Approves Rs 5,548 Crore Pulses, Oilseeds Procurement at MSP for Kharif Season
- •Union Agriculture Minister Shivraj Singh Chouhan approved Rs 5,547.99 crore for procurement at Minimum Support Price (MSP) under the Price Support Scheme (PSS) for the Kharif Marketing Season 2026-27.
- •The procurement aims to protect farmers from market price drops and ensure remunerative returns, especially for pulse and oilseed growers.
- •Uttar Pradesh receives the largest share at Rs 3,992.57 crore, covering tur and moong procurement.
- •Karnataka's approval is Rs 1,107 crore for soybean, moong, and sunflower, while Telangana receives Rs 448.42 crore for soybean and moong.
- •The initiative seeks to boost farmer incomes, strengthen agricultural self-reliance, and ensure transparent procurement with direct, timely payments to farmers' bank accounts.
Key Questions Answered
Union Agriculture Minister Shivraj Singh Chouhan has approved procurement worth Rs 5,547.99 crore at Minimum Support Price under the Price Support Scheme for the Kharif Marketing Season 2026-27.
The recent approval for Kharif season MSP procurement covers Uttar Pradesh, Telangana, and Karnataka, with Uttar Pradesh holding the largest approved share at Rs 3,992.57 crore.
The government assured that arrangements at all designated procurement centres will remain transparent and that farmers will receive their payments directly in their bank accounts in a timely manner.
