The Government of India has approved the continuation of the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) Scheme for the 15th Finance Commission Cycle up to 2025-26. This integrated scheme aims to ensure fair prices for farmers and control price volatility of essential commodities, thereby balancing both farmer income and consumer affordability.
Key Components of PM-AASHA
- Price Support Scheme (PSS) – Procurement of pulses, oilseeds, and copra at MSP through Central Nodal Agencies (CNAs).
- Price Stabilization Fund (PSF) – Regulates market prices by stabilizing commodity supply.
- Price Deficit Payment Scheme (PDPS) – Covers farmers for the difference between MSP and market price (if any).
- Market Intervention Scheme (MIS) – Supports farmers when market prices drop by 10% or more for perishable crops (e.g., tomato, onion, potato).
Key Updates & Benefits
- Procurement of Pulses at 100% of Production – To boost domestic production and reduce import dependency, the government will procure Tur, Urad, and Masur equivalent to 100% of state production for 2024-25.
- Direct Procurement from Farmers – Ensuring remunerative prices and eliminating middlemen.
- Market Stability – Helps keep essential commodities affordable for consumers.
(PIB)
