Centre's Commitment to Ensure Fair Crop Prices for Farmers
The Centre will procure moong and urad in Madhya Pradesh and urad in Uttar Pradesh at minimum support prices to protect farmers from low market prices. Senior officials discussed procurement logistics, emphasizing direct purchase from farmers and transparency. The Centre aims to relieve financial burdens on farmers and increase MSP coverage.
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The central government has pledged to procure moong and urad from Madhya Pradesh and urad from Uttar Pradesh at minimum support prices (MSP), a move aimed at guaranteeing farmers fair compensation according to a recent official statement.
The Union Minister convened with agricultural leaders from the involved states, receiving authorization for this initiative under the Price Support Scheme (PSS) due to market prices dipping below the MSP. Cooperative bodies such as NAFED and NCCF will execute the crop procurement.
Emphasizing the necessity of a meticulous procurement process, the Minister assured that the government is resolved to alleviate financial burdens on farmers by utilizing advanced technologies and ensuring direct farmer engagement to minimize middlemen's role.
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