The central government has approved the procurement of soybean at a minimum support price (MSP) of Rs 4,892 per quintal in Madhya Pradesh, following a proposal from the state due to falling market prices. This decision aligns with previous approvals for Maharashtra, Karnataka, and Telangana. The move aims to support farmers facing prices below the MSP, which had dropped to Rs 4,000 per quintal, causing significant concern. Additionally, the processing industry has called for a 15% increase in import duties on cooking oils to mitigate the impact of rising raw material costs stemming from the MSP procurement. The Madhya Pradesh government had initially proposed an MSP increase to Rs 4,800 per quintal, but the final approved rate is higher. The opposition Congress has criticized the government, accusing it of failing to fulfill promises to farmers.