Telangana wants Centre to procure pulses, maize, jowar

The Telangana government has formally requested the central government to step in as a buyer for pulses, maize, and jowar. This move aims to support local farmers by ensuring a stable market for these crops.
For investors, this development signals a potential shift in government procurement strategies. It highlights the focus on stabilizing agricultural prices, which could benefit related agri-commodity sectors and infrastructure companies involved in storage and logistics.
Investors should watch for the central government's response and any subsequent policy announcements. The outcome will determine the scale of intervention and its broader impact on the agricultural value chain.
Excerpt from BusinessLine
The Telangana Government has asked the Centre to facilitate 100 per cent procurement of pulses, maize, jowar and oilseeds. He said this would build farmers’ confidence. It asked the Centre to raise the current procurement limit from 25 per cent to 100 per cent for pulses and oilseeds. Telangana Agriculture Minister…Read the original at BusinessLine
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