The Union Cabinet approved the continuation of the Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA).
It aims to ensure the fair prices for farmers and to regulate price fluctuations in essential commodities for consumers.
This extension will incur a financial outlay of Rs 35,000 crore during the 15th Finance Commission cycle, up to 2025-26.
The government has converged the Price Support Scheme (PSS) and Price Stabilisation Fund (PSF) schemes under PM-AASHA to serve the farmers and consumers more effectively.
This integration aims to provide farmers with remunerative prices for their crops, stabilising the market prices of essential commodities, thus making them affordable for consumers.
The revamped PM-AASHA now includes components like: