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EconomyPIB18 June 2026

Centre Approves Large-Scale Procurement of Pulses and Oilseeds Under PSS in Four States

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๐Ÿ“Œ Summary:

  • Union Agriculture Minister Shivraj Singh Chouhan approved large-scale procurement of pulses and oilseeds at Minimum Support Price (MSP) for four states via video conferencing

  • Procurement under the Price Support Scheme (PSS) in Tamil Nadu, Gujarat, Uttar Pradesh and Haryana to ensure remunerative prices and protect farmers from distress sales

  • Uttar Pradesh is the biggest beneficiary: 48,298 MT moong, 97,970 MT urad and 41,718 MT groundnut for Summer 2026, MSP value over โ‚น1,490 crore

  • Gujarat: 18,250 MT moong approved (MSP value over โ‚น160 crore); Haryana: 2,115 MT moong (over โ‚น18 crore)

  • Tamil Nadu: moong procurement limit for RMS 2025-26 raised from 885 MT to 990 MT (MSP value โ‚น8.68 crore)

๐ŸŽฏ UPSC Relevance: GS3 Economy โ€” MSP regime, procurement policy, pulses/oilseeds self-sufficiency and farmer income security.

๐Ÿ“ Prelims Facts:

  • PSS = Price Support Scheme, implemented for pulses, oilseeds and copra under PM-AASHA
  • MSP = Minimum Support Price
  • Moong, urad (pulses) and groundnut (oilseed) covered; RMS = Rabi Marketing Season

๐Ÿ”‘ Key Term: Price Support Scheme (PSS) โ€” a government scheme under which central nodal agencies procure pulses, oilseeds and copra at MSP when market prices fall below MSP.

MSPPrice Support Schemepulsesoilseeds

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