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Revamping of PM-AASHA scheme
September 24 , 2024
61 days
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- 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:
- Price Support Scheme (PSS)
- Price Stabilisation Fund (PSF)
- Price Deficit Payment Scheme (PDPS)
- Market Intervention Scheme (MIS).
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