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Centre clears Rs 5,548-cr Kharif MSP procurement
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Saturday, 03 October, 2026, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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The Centre has approved procurement worth Rs 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, Telangana and Karnataka.
Union Minister for Agriculture and Farmers’ Welfare and Rural Development Shivraj Singh Chouhan said the procurement is aimed at protecting farmers from declining market prices and ensuring remunerative returns, particularly for pulse and oilseed growers.
Uttar Pradesh has received the largest allocation of Rs 3,992.57 crore for procurement of 4,66,000 metric tonnes (MT) of tur valued at Rs 3,937.70 crore and 6,250 MT of moong valued at Rs 54.87 crore.
In Karnataka, procurement worth Rs 1,107 crore has been approved. This includes 1,15,500 MT of soybean valued at Rs 659.27 crore, 38,250 MT of moong worth Rs 335.83 crore and 13,413 MT of sunflower valued at Rs 111.90 crore. Telangana has been allocated Rs 448.42 crore for procurement of 62,000 MT of soybean valued at Rs 353.90 crore and 10,766 MT of moong valued at Rs 94.52 crore.
Chouhan said the initiative will provide greater economic security to farmers while encouraging domestic production of pulses and oilseeds and supporting the country’s efforts towards self-reliance in pulses and edible oils.
The Minister also said procurement at designated centres will remain transparent, with payments to farmers being transferred directly into their bank accounts in a timely manner
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