Agriwatch Market Intelligence
Agriwatch Market Intelligence
May 23, 2025 at 06:46 AM
*Government Plans Steps to Boost Chana MSP Procurement Amid Slow Purchases* •The government is considering steps to increase chana procurement at the MSP due to slow purchases in the 2024-25 season. So far, only 0.2 million tonnes have been bought, well below the target buffer of 1 million tonnes. Mandi prices remain below the MSP of Rs 5,650/quintal, impacted by duty-free yellow pea imports, private buying, and lower output. Agencies like Nafed and NCCF are lagging in procurement, prompting the government to explore measures to boost buying.

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