The Indian government has launched a comprehensive plan to procure key pulses like tur (tuvar), urad, and lentils from farmers through its Price Support Scheme (PSS) and Price Stabilization Fund (PSF) Scheme.
This initiative aims to provide farmers with a guarantee that their produce will be purchased, which is expected to motivate increased pulse production.
The procurement will be managed by two government agencies—National Agricultural Cooperative Marketing Federation of India (NAFED) and National Cooperative Consumer Federation (NCCF).
These agencies have already registered around 21 lakh farmers in major pulse-producing states, including Maharashtra, Karnataka, Rajasthan, and Madhya Pradesh, prior to the sowing season.
The PSS ensures that pulses are bought from farmers when the market price falls below the Minimum Support Price (MSP), while the PSF involves purchasing pulses at market prices to maintain a buffer stock for consumers at discounted rates.
The government has committed to purchasing 100% of the marketable stock of tur, urad, and masoor, which are typically imported in large quantities.
This move is aimed at reducing India's dependence on imports, ensuring better prices for domestic farmers, and supporting the local agricultural economy.
Additionally, the government has expressed willingness to buy pulses at average market prices if required, further protecting farmers' incomes.
