Maharashtra government has approached the Centre and sought permission for procurement of kharif crop Pulses and soybean at Minimum Support Price (MSP).
The Maharashtra government has commenced online registrations for farmers as part of the process of procurement of Moong (green gram), Urad (black gram) and soybean at MSP. The registration process has begun from September 25.
Last year, some 88 centres were opened in 23 districts of the state for procurement of 10 lakh quintal of soybean, 3.70 lakh quintal of Urad and 3,47,500 quintal of Moong. The government has set parameters of 12% moisture content for the procurement of these Pulses.
Moong is currently trading at Rs 3,800 per quintal to Rs 5,400 per quintal in the state while the MSP has been fixed at Rs 6,975 per quintal. Urad is trading at Rs 3,800 per quintal to Rs 4,450 per quintal when the MSP is Rs 5,600 per quintal, MSP of Soyabean has fixed at 3,390 per quintal.
According to senior government officials, the production of Moong is expected to be 14.7 lakh quintal and proposed procurement is 4 lakh quintal. For Urad, the expected production is 14.7 lakh quintal and proposed procurement is 3.50 lakh quintal. For Soybean, expected production is 450 lakh quintal and procurement is expected to be around 25 lakh quintal.