Centre okays Rs 4,886 crore package to buy sunflower, gram at MSP to help farmers
New Delhi, May 5 (IANS) Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan has approved an additional outlay of Rs 4,886.46 crore to buy sunflower and more gram at the minimum support price (MSP) to benefit farmers in Karnataka and Maharashtra, according to an official statement issued on Tuesday.
Approving a proposal from the Karnataka government, Chouhan sanctioned the procurement of 9,023 metric tonnes of sunflower under the Price Support Scheme (PSS) for the Rabi 2026 season. The total MSP value of this approval exceeds Rs 69.66 crore. The decision is expected to ensure that sunflower farmers in Karnataka receive fair and remunerative prices for their produce, the statement said.
The move is particularly significant for farmers who often face the compulsion to sell their produce at lower prices due to unfavourable market conditions. With MSP procurement now approved, farmers will be better protected from distress sales. The decision is also expected to strengthen farmers’ confidence and contribute to greater stability in the agricultural sector.
In another major decision, the Union Minister approved a proposal from the Maharashtra government to increase the maximum procurement quantity of gram under the PSS to 8,19,882 metric tonnes for the Rabi 2025–26 season. The total MSP value of this decision exceeds Rs 4,816.80 crore, the statement said.
The government has also extended the procurement period for gram in Maharashtra by 30 days, allowing purchases to continue until May 29. This extension is expected to benefit farmers who were unable to sell their produce within the earlier deadline. It will enable a larger number of farmers to avail MSP benefits and avoid selling their produce at lower prices due to market pressure.
The decisions taken by the Centre are aimed at protecting farmers from distress sales and ensuring that they receive fair value for their produce. By expanding procurement operations and extending timelines, the government seeks to create a more secure and predictable environment for agricultural producers, the statement said.
Such measures are expected to not only provide direct financial relief to farmers but also reinforce their confidence in the procurement system. The increased procurement limits and timelines will help ensure that farmers are not forced into disadvantageous market transactions, the statement observed.
These steps are aimed at strengthening the agricultural economy by ensuring price assurance and reducing vulnerability to market fluctuations. The Central government has maintained that ensuring remunerative prices for farmers remains a key priority. By expanding MSP operations and providing timely support, it aims to enhance income stability for farmers and promote long-term sustainability in the agricultural sector. These decisions are expected to not only benefit farmers in Karnataka and Maharashtra directly but also contribute to a broader sense of trust and stability in the agricultural ecosystem, the statement added.
–IANS
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