Government approves ₹5,548 crore MSP procurement for 2026–27 kharif season
The Price Support Scheme approval covers tur, moong, soybean and sunflower across Uttar Pradesh, Karnataka and Telangana. Uttar Pradesh accounts for ₹3,992.57 crore. The approval is an upstream signal for pulses and edible-oil supply chains; it does not establish a retail-price impact.
The development
India's central government approved 5,547.99 crore rupees of MSP procurement for the 2026-27 kharif marketing season. Purchases under the Price Support Scheme cover tur, moong, soybean and sunflower across Uttar Pradesh, Karnataka and Telangana, with direct payments to farmers' bank accounts.
The numbers
- 2026-27
- Total procurement: 5,547.99 crore rupees
- Uttar Pradesh procurement: 3,992.57 crore rupees
- Karnataka procurement: 1,107 crore rupees
- Telangana procurement: 448.42 crore rupees
Why it matters to operators and investors
Track execution of the ₹5,548 crore MSP procurement approval across Uttar Pradesh, Karnataka and Telangana when planning pulses and edible-oil sourcing, without assuming lower input costs or retail prices.
What to watch next
- Actual procurement volumes and spending versus the ₹5,547.99 crore approval, broken down by crop and state.
- Execution in Uttar Pradesh, which accounts for roughly 72% of the approved value.
- Mandi prices relative to MSP, procurement-centre openings and quality-related rejection rates.
- Government stock-release timing, quantities and sale terms.
- Wholesale pulse prices, oilseed crushing margins and edible-oil import costs.