On 18–19 June 2026 the Centre approved large‑scale procurement of pulses and oilseeds at MSP under the Price Support Scheme (PSS) for Tamil Nadu, Gujarat, Uttar Pradesh and Haryana.
Key procurement approvals (selected)
- Uttar Pradesh: Approved for Summer 2026 — 48,298 MT moong, 97,970 MT urad, 41,718 MT groundnut; total MSP value > ₹1,490 crore.
- Gujarat: Approved for Summer 2026 — 18,250 MT moong; MSP value > ₹160 crore.
- Haryana: Approved for Summer 2026 — 2,115 MT moong; MSP value > ₹18 crore.
- Tamil Nadu: Rabi Marketing Season (RMS) 2025‑26 moong limit raised from 885 MT to 990 MT (additional 105 MT); MSP value ~ ₹8.68 crore.
PSS — design and trigger
- Scheme linkage: PSS is a component of PM‑AASHA (integrated price support arrangement).
- Trigger for procurement: Procurement is undertaken when market prices fall below the notified MSP.
- Seasons: Procurement approvals cited for Summer 2026 and RMS 2025‑26.
Implementing agencies and MSP mechanism
- Nodal agencies: Central procurement executed through agencies such as NAFED and NCCF; states can nominate executing agencies.
- MSP setting: MSPs are recommended by the Commission for Agricultural Costs and Prices (CACP) and notified by the central government.
IASPOINT Booster Facts
- Units: Quantities reported in metric tonnes (MT); values in Indian rupees (₹).
- Objective (scheme text): PSS provides price support to protect farmers from distress sales when market prices fall below MSP.