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Current Affairs

Centre Approves Large-Scale MSP Procurement of Pulses and Oilseeds in Four States for 2026

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On 18 and 19 June 2026, the Union Agriculture Ministry approved large-scale procurement under the Price Support Scheme (PSS) for pulses and oilseeds—specifically moong, urad, and groundnut—in Tamil Nadu, Gujarat, Uttar Pradesh, and Haryana. This procurement is for Summer 2026 and Rabi Marketing Season (RMS) 2025-26, ensuring farmers receive Minimum Support Price (MSP) to protect them from distress sales. Uttar Pradesh is the biggest beneficiary with procurement exceeding ₹1,490 crore. These measures strengthen farmers' income security and are crucial for Indian agricultural policy understanding in competitive exams.

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Key Facts

  • Date of Approval: 18 and 19 June 2026
  • States Covered: Uttar Pradesh, Gujarat, Tamil Nadu, Haryana
  • Crops Procured: Moong, Urad (black gram), and Groundnut
  • Seasons: Summer 2026 and Rabi Marketing Season (RMS) 2025-26
  • Uttar Pradesh procurement quantities: 48,298 MT moong, 97,970 MT urad, 41,718 MT groundnut; MSP value exceeding ₹1,490 crore
  • Gujarat: 18,250 MT moong; MSP value exceeding ₹160 crore
  • Tamil Nadu: Moong procurement limit increased from 885 MT to 990 MT for RMS 2025-26; additional 105 MT with MSP value ₹8.68 crore
  • Haryana: 2,115 MT moong; MSP value exceeding ₹18 crore
  • Price Support Scheme (PSS): Government procurement mechanism activated when market prices fall below MSP
  • Minimum Support Price (MSP): Government-fixed minimum price to protect farmers from price volatility

Background & Context

The Price Support Scheme (PSS) is a key government initiative to procure pulses, oilseeds, and copra when market prices fall below the Minimum Support Price (MSP), ensuring farmers are shielded from distress sales and price volatility. Moong and urad are important pulse crops providing protein, while groundnut is a significant oilseed crop used widely in India. The procurement occurs during different Indian agricultural seasons: the Summer (zaid) season of 2026, and the Rabi Marketing Season (RMS) 2025-26 following the rabi harvest.

Why This Matters for Exams / Exam Relevance

  • Understanding MSP and PSS is fundamental for topics related to Indian agriculture, government pricing policies, and farmer welfare.
  • Knowledge of states benefiting from recent policy measures and specific crop procurement quantities are relevant for current affairs segments.
  • Details of pulse and oilseed crops’ classification and government support illustrate agricultural economics and rural livelihood themes.
  • Familiarity with ministerial approvals and policy timelines supports understanding of government functioning and policy interventions.

Points to Remember

  • The Price Support Scheme is designed for procurement of pulses, oilseeds, and copra when market prices dip below MSP to stabilize farmer incomes.
  • MSP is declared annually for major crops covering both kharif and rabi seasons; procurement aligns accordingly.
  • Uttar Pradesh is the largest beneficiary of the 2026 procurement drive in terms of quantity and MSP value.
  • Moong and urad are categorized as pulses; groundnut is classified as an oilseed crop.
  • The procurement limits can be revised, as demonstrated by Tamil Nadu’s increased moong procurement for RMS 2025-26.
  • The scheme protects farmers from adverse market conditions by ensuring remunerative prices and preventing distress sales.
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