The government aims to signal farmers to diversify into more remunerative crops like pulses and oilseeds, especially in regions like Punjab and Haryana, where paddy cultivation is prevalent.

The minimum support prices (MSPs) for both kharif and rabi seasons 2023–24 ensured a minimum return of 50 percent over the cost of production for all crops, according to the Reserve Bank's Annual Report.

The Centre has so far procured 25,000 tonnes of onion grown in the 2023 kharif season for maintaining a buffer stock, Consumer Affairs Secretary Rohit Kumar Singh said on Monday.