PM-AASHA Scheme is an umbrella scheme aimed to-a)Enhance access to sec...
The Prime Minister’s Farmer Income Protection Scheme also known as PM AASHA is an umbrella scheme of the Government of India to ensure a price policy such as a minimum support price are fulfilled. It includes the former Price Support Scheme (PSS), a Price Deficiency Payment Scheme (PDPS) and a Private Procurement & Stockist Scheme (PPPS).
View all questions of this test
PM-AASHA Scheme is an umbrella scheme aimed to-a)Enhance access to sec...
PM-AASHA Scheme Overview:
The PM-AASHA (Pradhan Mantri Annadata Aay Sanrakshan Abhiyan) Scheme is an umbrella scheme aimed at ensuring Minimum Support Price (MSP) to the farmers in India. It encompasses three existing schemes - Price Support Scheme (PSS), Price Deficiency Payment Scheme (PDPS), and Pilot of Private Procurement and Stockist Scheme (PPPS).
Objective of PM-AASHA Scheme:
The main objective of the PM-AASHA Scheme is to provide a safety net to farmers by ensuring remunerative prices for their produce. This is done by guaranteeing MSP for crops to protect farmers from distress sales and to ensure a fair price for their agricultural produce.
Components of PM-AASHA Scheme:
1. Price Support Scheme (PSS): Under this component, physical procurement of pulses, oilseeds, and copra is done by designated agencies at MSP to provide farmers with a fair price for their produce.
2. Price Deficiency Payment Scheme (PDPS): In this scheme, farmers are compensated for the difference between the MSP and the market price to ensure they receive the minimum support price for their crops.
3. Pilot of Private Procurement and Stockist Scheme (PPPS): This scheme allows the participation of private agencies for procurement of oilseeds, pulses, and copra at MSP.
Benefits of PM-AASHA Scheme:
- Ensures that farmers receive a fair and remunerative price for their agricultural produce.
- Protects farmers from distress sales and ensures their economic well-being.
- Increases farmers' income and helps in reducing agrarian distress.
In conclusion, the PM-AASHA Scheme plays a crucial role in supporting and safeguarding the interests of farmers by providing them with a Minimum Support Price for their crops.