Central Government has approved large-scale procurement of key crops under the Minimum Support Price (MSP) mechanism in Uttar Pradesh, Gujarat, Tamil Nadu, and Haryana. The procurement will be carried out under the Price Support Scheme (PSS), ensuring that farmers receive fair prices for their produce while reducing the impact of market fluctuations. The decision is expected to provide a safety net for farmers by guaranteeing remunerative returns and reducing the risk of distress sales during periods of weak market demand.
Among the four states, Uttar Pradesh has secured the highest procurement allocation. The approved plan covers substantial quantities of moong, urad, and groundnut for the Summer 2026 season, with the total MSP-backed procurement value estimated at more than ₹1,490 crore. The initiative is likely to benefit a large number of pulse and oilseed farmers across the state by providing assured market access and stable prices for their harvest.
The Centre has also approved a major procurement programme for moong in Gujarat. The MSP-based purchase initiative is expected to strengthen farmer confidence and protect growers from price volatility during the marketing season. Agriculture experts believe that assured procurement encourages farmers to invest in quality inputs and improve productivity, contributing to higher farm incomes over time.
Tamil Nadu has received an enhanced procurement allocation for moong, allowing a larger volume of the crop to be purchased under the MSP framework. The revised target is expected to bring more farmers under the ambit of government procurement and improve access to price support mechanisms. The move is particularly important for growers facing challenges arising from fluctuating market rates and rising cultivation costs.
Haryana Farmers to Receive MSP Support:
The government has also sanctioned MSP procurement of moong in Haryana, providing an additional layer of price protection to farmers. The procurement programme will help growers secure better returns and reduce dependence on private market conditions during peak arrival periods.
Key Step towards Strengthening Farmer Welfare:
Agricultural stakeholders have welcomed the decision, describing it as an important measure to enhance income security for pulse and oilseed producers. By expanding procurement operations, the government aims to improve price realization for farmers while promoting the cultivation of pulses and oilseeds.
FAQs:
1. What is MSP procurement?
MSP procurement is the process through which government agencies purchase crops from farmers at the declared Minimum Support Price (MSP) to ensure fair returns.
2. Which crops are included in the latest MSP procurement approval?
The approved procurement programme covers moong, urad, and groundnut in selected states.
3. Which state received the highest procurement allocation?
Uttar Pradesh received the largest allocation under the latest MSP procurement plan.
4. Under which scheme will the procurement take place?
The procurement will be conducted under the Price Support Scheme (PSS).
5. How will MSP procurement benefit farmers?
MSP procurement helps farmers get assured prices, reduces the impact of market fluctuations, and prevents distress sales during periods of weak demand.
