The role of pulses in the country is changing, and in such a situation, the government can take a big step in the coming days. According to the news, the government can use the price confirmation fund (PSF) to buy pulses from farmers. It is said that such a purchase is needed because the prices of pulses in the market are very high. Because of this, farmers are reluctant to sell it at a minimum support price, that is, the MSP. On the other hand the stock is declining, and in many cases the buffer may go down.
Prices in the market more than MSP
State companies involved in procurement work, including NAFED and NCCF, have quoted the newspaper Financial Express sources that they use the PSF, especially Gram, and especially Gram. According to an official, “Purchase is considered under the PSF, as it operates above the MSB of Rs. BSF was created under the Consumer Affairs Department in the financial year 2015. Its purpose is to protect consumers with greater instability in agricultural and procurement prices by maintaining strategic buffer stocks of legumes and onions.
What is the PSF and its purpose
Government companies buy products from farmers at market price. 2026 in the budget financial year, the BSF has cost Rs 4,020 crore. In addition to major vegetables such as onions, potatoes and tomatoes, this fund is commonly used to prevent the price of pulses such as Arhar, Urath, Mong, lentils and gram. The stock is provided in the market to control the stockbound and racing using the BSF and to provide consumers at a cheap price.
Farmers selling from sales agencies
Under the BSS of the Ministry of Agriculture, pulses, oil seeds and Cobra offer the prices of beneficial prices for farmers in the MSP. Under the PSS, there is an order to buy 25 percent of the country’s production. Due to the sharp decline for purchase since 2023-24, the current stock is just 31,000 tonnes, compared to one million tonnes of gram, prices MSP. Because of this, farmers avoid selling agencies in the MSP.
How much is the buffer stock of pulses
According to sources, agencies are currently 1.72 metropy. Of these, most of the stock is mong (0.70 metric tonnes), lentils (0.59 metu) and tur (0.39 meters). Some legumes were prepared by import. In the current season, 2024-25, 2.76 metric tonnes of grams was recognized. Compared to the agencies, only 21,504 tonnes have been purchased because the prices in the market are MSP. BSS has so far purchased the total number of pulses – Tur, Mong, Urath, lentils and Gram are NCCF under the BSS.
Increase the goal of the production government
Pulses purchased under the PSS are up to 0.69 metric in 2023-24. At the same time, in 2022-23 and 2021-22, these numbers are 2.83 metrries and 3.03 methri respectively. Due to low production, it is said that prices went above the MSP. The Ministry of Agriculture is aimed at raising the production of pulses in 2024-25 crop (July-June) to 29.9 metric, which is more than 23 percent of the crop year 2023-24. In 2019, through the Market Intervention Scheme, the government created a policy to maintain the buffer shares of pulses with the aim of controlling prices. The buffer stocks for pulses are often created by domestic purchases by BSS. At the same time, buffer stock was made by importing PSF.
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