Centre approves ₹5,548 crore pulses, oilseeds procurement scheme

The Centre has given its green light to a comprehensive procurement programme for pulses and oilseeds valued at ₹5,547.99 crore under the Price Support Scheme (PSS) for Kharif 2026-27. The initiative will span Uttar Pradesh, Karnataka, and Telangana, targeting support for farmers across these major agricultural states.

Under the Price Support Scheme, the government commits to purchasing agricultural produce at the Minimum Support Price (MSP), thereby providing income assurance to farmers and stabilizing market supplies. The approval for pulses and oilseeds represents a significant investment in supporting crop production across key growing regions, particularly as these commodities play a crucial role in India's food security and export economy.

The multi-state approach reflects the government's strategy to ensure procurement operations reach farmers in regions with substantial cultivation of these crops. The funds allocated aim to facilitate smooth procurement operations and provide farmers with assured market access at predetermined prices, a mechanism designed to encourage continued production and reduce post-harvest distress sales.

The approval comes as part of broader agricultural support measures aimed at maintaining farmer incomes and ensuring stable supplies of pulses and edible oils in domestic markets. The three states identified for the scheme are among India's significant producers of these commodities, making the initiative strategically important for national agricultural objectives.