PM-AASHA, a central government scheme launched in 2018, supports Indian agriculture with variable fund allocation, focusing on procurement and direct payments to farmers.
Scheme Overview
Price Support Scheme (PSS):PSS ensures direct procurement at MSP(Minimum Support Price), aided by central agencies and FCI(The Food Corporation of India), with government covering up to 25% losses.
Features
Price Deficiency Payment Scheme (PDPS):PDPS ensures MSP(Minimum Support Price) payment directly to farmers' bank accounts for all notified oilseeds, without physical procurement, simplifying the process.
Pilot of Private Procurement & Stockist Scheme (PPPS):PPPS is a test scheme for certain areas with oilseeds. It's like PSS, but lets private sellers buy at MSP(Minimum Support Price). They can only charge up to 15% of the MSP.
Benefits
PM-AASHA ensures fair prices with MSP, stabilizes prices via PSS, offers direct payments through PDPS, involves private sector in PPPS, and reduces financial burden on farmers and states, with technology integration for efficient processes.
Drawbacks
PM-AASHA faces challenges: limited crop coverage, operational hurdles, administrative complexity, market distortions, resource allocation, and dependency on government for long-term sustainability.
PM-AASHA helps Indian farmers by giving fair prices, payments for shortfalls, and letting private buyers purchase crops. It supports farmers and boosts the economy.
Conclusion
To learn more about the Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA), click the link below for additional details.