The Indian government has approved the procurement of more than 1 lakh metric tonnes of pulses and oilseeds for the Summer 2025–26 season under the Minimum Support Price (MSP) mechanism.

This move aims to ensure price support for farmers, bolster buffer stocks, and stabilize market availability ahead of the upcoming rabi crop cycle.

Key Points:

• The Centre has approved procurement of over 1 lakh MT of pulses and oilseeds under the MSP scheme for Summer 2025–26.
• This initiative will support farmers by offering assured prices and reducing distress sales during peak harvest.
• The procurement covers key crops like moong and groundnut grown during the summer season.
• The scheme is expected to enhance buffer stock levels and ensure food security ahead of the next agricultural cycle.
• State agencies and NAFED will oversee procurement operations in coordination with respective state governments.