Ahmedabad, Nov 5 (PTI) The procurement of groundnut, moong, urad, and soybean at the Minimum Support Price (MSP) in Gujarat will begin from Sunday, the state government said.

This initiative aims to ensure farmers receive fair and remunerative prices for their produce and financial security, said state Agriculture Minister Jitu Vaghani on Wednesday.

He stated that the Centre has decided to significantly increase the MSP this year to protect farmers from economic losses. Compared to the last year, the MSPs of groundnut, urad, and soybean have been hiked per quintal by Rs 480, Rs 400, and Rs 436, respectively.

The Union government had announced the MSPs for Kharif crops even before the sowing season began. Accordingly, the MSP for groundnut is Rs 7,263 per quintal, moong Rs 8,768 per quin

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