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Centre Approves ₹15,096-Crore Procurement of Pulses and Oilseeds under MSP

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Source: PIB

Context:

The Government of India has approved procurement plans worth ₹15,095.83 crore for major pulses and oilseeds for the Kharif Marketing Season (KMS) 2025-26.
This initiative aims to ensure remunerative prices to farmers and stabilize market rates amid volatile pulse and oilseed prices.

States Covered

The approved procurement covers the following states:

  • Telangana
  • Odisha
  • Maharashtra
  • Madhya Pradesh

These states are significant producers of pulses and oilseeds, especially soybean, black gram, and mung beans.

Procurement Details
StateCrop(s) CoveredKey Features
TelanganaMung beans, black gram, soybean100% procurement approved for all these crops under Price Support Scheme (PSS)
OdishaPigeon pea (tur)Full procurement permitted
MaharashtraMung beans, black gram, soybeanLargest procurement among the four states under PSS
Madhya PradeshSoybeanBhawantar Bhugtan Yojana (BBY) to be launched for soybean

Scheme Frameworks

  • Price Support Scheme (PSS):
    Central government-backed mechanism ensuring procurement at Minimum Support Price (MSP) to protect farmers from distress sales.
    • Implemented through NAFED and NCCF as central nodal agencies.
  • Bhawantar Bhugtan Yojana (BBY):
    • A price deficiency payment scheme, where farmers receive compensation for the difference between MSP and actual market price.
    • Promotes market-based sales while ensuring income protection.

Financial Outlay

  • Total Procurement Value:15,095.83 crore
  • The outlay covers procurement, storage, and distribution costs of pulses and oilseeds.
  • Aimed at strengthening domestic production, price stability, and self-reliance in key protein crops.

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