Centre clears ₹5,547.99 crore pulses and oilseeds procurement under PSS

The Central government has officially approved the procurement of pulses and oilseeds worth ₹5,547.99 crore at the minimum support price (MSP) under the Price Support Scheme (PSS) for the Kharif marketing season 2026–27. The approved procurement covers three major agricultural states: Uttar Pradesh, Karnataka, and Telangana.

Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan approved the procurement initiative, which is designed to shield farmers from potential market price drops and secure remunerative returns, particularly for pulse and oilseed growers. Across the three states, approximately 706,000 tonnes of pulses and oilseeds will be procured at fixed MSP rates.

Uttar Pradesh accounts for the largest share of the approved funding, totaling ₹3,992.57 crore. This allocation encompasses 466,000 metric tonnes of tur valued at ₹3,937.70 crore and 6,250 metric tonnes of moong worth ₹54.87 crore. In Karnataka, procurement worth ₹1,107 crore has been greenlit, including 115,500 metric tonnes of soybean valued at ₹659.27 crore, 38,250 metric tonnes of moong worth ₹335.83 crore, and 13,413 metric tonnes of sunflower valued at ₹111.90 crore.

For Telangana, procurement worth ₹448.42 crore has been sanctioned, comprising 62,000 metric tonnes of soybean valued at ₹353.90 crore and 10,766 metric tonnes of moong worth ₹94.52 crore. Minister Chouhan highlighted that the government remains committed to securing profitable prices for farmers while making procurement mechanisms increasingly transparent and accessible.

Chouhan noted that the decision will deliver stronger economic security to growers, stimulate domestic cultivation of pulses and oilseeds, and advance national self-reliance in pulses and edible oils. Furthermore, designated procurement centers will maintain transparent operations, ensuring timely direct-to-bank-account payments for all participating farmers.