The procurement of the summer crops of 2025-26 will be undertaken under the central Price Support Scheme (PSS), which is activated when market rates fall below the MSP.
Agriculture Minister Shivraj Singh Chouhan approved the proposal to purchase crops under PSS to protect farmers’ interests. The minister also approved a 15-day extension of the procurement period in Andhra Pradesh till June 26.
The government has permitted procurement of 100 per cent production of tur, urad and masur in 2024-25 under the PSS to incentivise farmers, enhance domestic pulse production and reduce import dependence. This initiative has been extended for another four years till 2028-29.
Procurement under the PSS is undertaken by central nodal agencies National Agricultural Cooperative Marketing Federation of India (Nafed) and National Cooperative Consumers’ Federation of India (NCCF).
Content Source: economictimes.indiatimes.com