Centre approves MSP procurement of soyabean in Maharashtra

The central government has approved the procurement of soybean at Minimum Support Price (MSP) for Madhya Pradesh, in addition to Maharashtra, Karnataka, and Telangana. This decision comes as soybean prices in the open market have fallen below MSP, causing concern among farmers. The move aims to stabilize prices and support farmers facing low market rates due to excess supply in international markets.
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