
PM-AASHA
Why is it in the news?
- As per the data by Agriculture Ministry, Less than 3% of this season’s sanctioned amount of pulses and oilseeds have actually been procured so far under PM-AASHA scheme.
More in the news
- Data:
(1) A total of 37.59 lakh metric tonnes of procurement had been sanctioned under PM-AASHA scheme.
(2) However, only 1.08 lakh tonnes have been procured so far.
- About Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA):
(1) An umbrella scheme of government of India.
(2) Aim: To ensure remunerative prices to farmers for their produce.
- PM-AASHA has three components:
(1) Price Support Scheme (PSS)
(2) Price Deficiency Payment Scheme (PDPS)
(3) Pilot of Private Procurement & Stockist Scheme (PPPS)
- Price Support Scheme (PSS):
(1) Under PSS, physical procurement of pulses, oilseeds and copra will be done by Central Nodal Agencies.
(2) Besides NAFED, Food Cooperation of India will also take up procurement of crops under PSS.
(3) The expenditure and losses due to procurement will be borne by the Centre.
- Price Deficiency Payment Scheme (PDPS):
(1) Under PDPS, the Centre proposes to cover all oilseeds and pay the farmer directly into his bank account the difference between the MSP and his actual selling/modal price.
(2) Farmers who sell their crops in recognised mandis within the notified period can benefit from it.
- Pilot of Private Procurement & Stockist Scheme (PPPS):
(1) In the
Source
The Hindu.