Union Cabinet approved a new Umbrella Scheme “Pradhan Mantri Annadata Aay SanraksHan Abhiyan’ (PM-AASHA).
It aimed at ensuring remunerative prices to the farmers for their produce as announced in the Union Budget for 2018.
This Umbrella Scheme includes the mechanism of ensuring remunerative prices to the farmers and is comprised of:
Price Support Scheme (PSS),
Price Deficiency Payment Scheme (PDPS),
Pilot of Private Procurement & Stockist Scheme (PPPS).
Other existing schemes of Department of Food and Public Distribution (DFPD) and Ministry of Textile for cotton and jute will be continued for providing MSP.