Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Indian Government Authorizes Pulse and Oilseed Support Price Procurement in Gujarat, UP
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Indian govt approves pulses, oilseeds procurement at support prices in Gujarat and UP
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Indian Government Authorizes Pulse and Oilseed Support Price Procurement in Gujarat, UP
Economy

Indian Government Authorizes Pulse and Oilseed Support Price Procurement in Gujarat, UP

September 24, 2025 4 Min Read
Share
SHARE

The Indian government has sanctioned the procurement of tur (pigeon pea), urad (black matpe), moong (green gram), groundnut, soybean, and sesame at their respective minimum support prices (MSPs) from farmers in Uttar Pradesh and Gujarat, according to an announcement made by the Agriculture Ministry on Tuesday. This initiative is set to involve an estimated expenditure of ₹13,890 crore for the kharif 2025-26 season.

Union Agriculture Minister Shivraj Singh Chouhan has approved the procurement strategy for these key pulses and oilseeds in Uttar Pradesh and Gujarat. The announcement details that while 100% of urad and tur production can be procured at MSP, a 25% cap applies to moong, sesame, soybean, and groundnut. Under the PM-ASHA procurement scheme, the National Agricultural Cooperative Marketing Federation of India (Nafed) and other designated agencies will carry out the procurement, with any potential losses reimbursed by the Central government.

For Uttar Pradesh, the government has authorized procurement of tur, urad, moong, groundnut, and sesame. In Gujarat, the approved crops include moong, urad, groundnut, and soybean. Minister Chouhan has directed both states to ensure that payments are made digitally and transparently, directly into farmers’ bank accounts.

In Uttar Pradesh, urad production is estimated at 2.28 lakh tonnes (lt), with tur production at 1.14 lt. If the government procures 100% of these crops, transfers to farmers would amount to ₹1,777.30 crore for urad and ₹910.24 crore for tur. Additionally, procurement estimates include 1,983 tonnes of moong (valued at ₹17.38 crore), 30,410 tonnes of sesame (valued at ₹299.42 crore), and 99,438 tonnes of groundnut (valued at ₹722.22 crore).

In Gujarat, estimated urad production stands at 47,780 tonnes, which could yield ₹372.68 crore if fully procured. The targeted purchase for soybean is set at 1.10 lt (valued at ₹585.57 crore), while groundnut procurement is estimated at 12.62 lt (valued at ₹9,167.08 crore) and moong at 4,415 tonnes (valued at ₹38.71 crore).

Chouhan has assured that the approved procurement quantities will be re-evaluated, if necessary, after the first advance estimates for the kharif 2025-26 season are released. He emphasized the need to ensure that only genuine farmers benefit from the MSP, preventing exploitation by middlemen. The Agriculture Ministry has instructed Nafed and the National Cooperative Consumers Federation (NCCF) to procure exclusively from pre-registered farmers.

According to a report by Businessline, average mandis (agricultural market yard) prices for key kharif pulses and oilseeds were observed to be lower than their respective MSPs during September 1-18, with prices ranging from ₹1,076 to ₹1,778 per quintal. Moong was sold at an average of ₹7,220 per quintal against its MSP of ₹8,768, urad at ₹6,368 against ₹7,800 MSP, and tur at ₹6,222 per quintal compared to an MSP of ₹8,000. Similarly, groundnut averaged ₹5,682 per quintal against an MSP of ₹7,263, while soybean sold at ₹4,252 per quintal against its MSP of ₹5,328.

Published on September 23, 2025.

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article Jolly LLB 3 Teaser Out: Akshay Kumar-Arshad Warsi's film seems like a double doze of comedy | Watch Jolly LLB 3 Teaser: Akshay Kumar and Arshad Warsi’s Hilarious Reunion!
Next Article BJP’s J&K functionary serves defamation notice on AAP MP Sanjay Singh for calling him ex-terrorist J&K BJP Leader Sends Defamation Notice to AAP MP Sanjay Singh
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Thermal coal imports hit four-month high in October

“October Sees Surge in Thermal Coal Imports to Four-Month High”

November 9, 2025
Not Dewald Brevis, CSK likely to give another star all-rounder along with Jadeja in Samson trade

CSK Eyes Another Star All-Rounder in Samson Trade, alongside Jadeja, Not Dewald Brevis

November 9, 2025
Ambuja Neotia’s IPO plans for hotels venture pushed back

Ambuja Neotia Delays IPO Launch for Hotel Venture Plans

November 9, 2025
Congress leader Shashi Tharoor defended L.K. Advani

Tharoor Defends Advani, Compares Criticism to Indira Gandhi’s Emergency Era

November 9, 2025
Assam government resumes demolition drive in Goalpara targeting 580 families

Assam government resumes demolition drive in Goalpara targeting 580 families make unique title from original. The maximum number of words is 16.

November 9, 2025
SEBI finds up to ₹100-crore fund diversion in FOCL-linked SME IPOs

SEBI finds up to ₹100-crore fund diversion in FOCL-linked SME IPOs Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

November 9, 2025

You Might Also Like

Waaree Energies shares plummet more than 7%
Economy

KPI Green Energy secures ₹1,311 crore solar contract with Coal India

1 Min Read
Sensex jumps 1,131 points; reclaims 75k-mark on firm global markets
Economy

Global Market Boost Propels Sensex Past 75k Mark

1 Min Read
Markets extend losses as tech stocks plummet; banking shows resilience 
Economy

Tech Stocks Plummet, Banking Resilient: Markets Continue Losses

3 Min Read
Crude oil declines as market reports hint at another OPEC output hike 
Economy

Crude Oil Prices Fall Amid Speculations of OPEC Output Increase

2 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?