PM AASHA Scheme: Components, Features, Benefit Coverage and Eligibility

PM AASHA Scheme

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PM AASHA Scheme

About PM AASHA Scheme

Pradhan Mantri Annadata Aay SanraksHan Abhiyan

The Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM AASHA) is an initiative of the Indian government aimed to control fluctuation in prices for consumers and ensure fair pricing for farmers.

Private Procurement & Stockiest program (PPPS), Price Support Scheme (PSS), Price Deficiency Payment Scheme (PDPS), Price Stabilization Fund (PSF), and Market Intervention Scheme (MIS) are the components of the initiative which was announced in September 2018.


In Short:

  • About PM AASHA Scheme
  • Pradhan Mantri Annadata Aay Sanrakshan Abhiyan
  • Characteristics of the Plan
    • Price Support Scheme
    • Price Deficiency Payment Scheme
    • Price Stabilisation Fund
    • Market Intervention Scheme
  • The PM AASHA Scheme’s advantages

With an economic commitment of Rs 35,000 crore, the program was recently extended until the fiscal year 2025–2026.

Also Read: Model Skill Development Loan Scheme: Eligibility Criteria, Loan amount, Security and Repayment Period

The continuance of the PM AASHA Scheme has been authorized by the Union Cabinet. The Price Deficit Payment Scheme (PDPS), Market Intervention Scheme (MIS), PSS, and PSF will now be included.

Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM AASHA Scheme)

PM AASHA Scheme
PM AASHA Scheme
  1. It is a unified strategy designed to control fluctuations in price and guarantee farmers obtain fair prices.
  2. Ministry of Agriculture & Farmers Welfare is the Nodal Ministry.

 

PM-ASHA Scheme | Characteristics of the Plan

(i). Price Support Scheme | PSS

  • States shall be involved in the government’s physical acquisition of copra, oilseeds, and pulses through Central Nodal Agencies.
  • The Food Corporation of India (FCI) will begin PSS operations in states and districts in addition to the National Agricultural Cooperative Marketing Federation of India (NAFED).
  • The Central government will cover the expenses and losses of the procurement.

Also Read: PM E-DRIVE Scheme: Eligibility, Subsidy, Benefits, Application process and subsidy claim process, long term business opportunity

(ii). Price Deficiency Payment Scheme | PDPS 

PM AASHA Scheme
PM AASHA Scheme
  • All oilseeds having a notified Minimum Support Price (MSP) are covered by this program.
  • The difference between the MSP and the cost of selling is given directly to farmers who sell their goods in registered market areas through open bidding.
  • The farmer’s registered bank account receives this money directly. Physical procurement is not a part of the scheme.

 

(iii). Price Stabilisation Fund  | PSF 

  • It seeks to shield the economy and consumers towards sudden increases in the cost of commodities.
  • When prices increase, it releases the buffer stock of necessary commodities—like onions and pulses—into the market.

(iv). Market Intervention Scheme | MIS

  • The purpose of this plan is to safeguard farmers from suffering crop sales.
  • It comes into practice when prices decrease below the cost of production or economic levels, or when there is a large harvest during periods of high inflows.
  • Losses are split 50:50 between the central government and the state or union territory governments, or 75:25 for states in the northeast.
  • State Procuring Agencies are in charge of this purchase.

Also Read: PM Vidya Lakshmi Scheme; Availing educational loan got simplified, check loan amount, eligibility and how to apply

 

The PM AASHA Scheme’s advantages

PM AASHA Scheme
PM AASHA Scheme

The PM AASHA Scheme offers the following advantages-

  • An inventive MSP-plus solution to the issue of unpaid pricing is the PM-AASHA program.
  • The three separate parts of this plan would fix deficiencies in the systems for agriculture procurement and compensation.
  • By raising farmer incomes, the program will also contribute to the restoration of the rural economy.
  • By raising the price of oilseeds, the program can guarantee variety in agriculture and reduce land and water demand.
  • With the implementation of PM-AASHA Scheme , physical purchase, storage, and waste are no longer required.

PM – AASHA Scheme Link: 


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