Govt approves MSP procurement of 54,166 tonnes moong from Haryana, Gujrat, UP

In a significant move aimed at protecting farmer interests and reinforcing the supply and chain management of agricultural commodities, the Indian government has approved the procurement of 54,166 tonnes of moong from Haryana, Gujarat, and Uttar Pradesh, along with 50,750 tonnes of groundnut from Uttar Pradesh. These procurements will be made at the Minimum Support Price (MSP) under the Price Support Scheme (PSS).

This decision aligns with the government’s broader objective to boost domestic pulse production, reduce dependency on imports, and enhance the future of supply chain management in Indian agriculture. Agriculture Minister Shivraj Singh Chouhan also approved a 15-day extension for procurement in Andhra Pradesh until June 26 to ensure that farmers are fully supported.

The government’s initiative allows for the procurement of 100% of the production of tur, urad, and masur for the 2024-25 season under the PSS, a step that will remain in place through 2028-29. These efforts contribute to building a more resilient and predictable digital supply chain for agricultural produce.