PM-AASHA Scheme

The Government of India has recently approved the continuation of the integrated Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) Scheme till 2025-26 under the 15th Finance Commission cycle.

• About PM-AASHA Scheme: It is an umbrella scheme aimed at ensuring remunerative prices to farmers for their produce. It has three components, and states can choose one to implement:

o Price Support Scheme (PSS): Physical procurement of pulses, oilseeds, and copra by Central Nodal Agencies (NAFED, FCI) with state government support.

o Central Government bears procurement costs and losses.

o Price Deficiency Payment Scheme (PDPS): Covers oilseeds with MSP notifications. Direct payment of the difference between MSP and the selling price to pre-registered farmers.

ü Payments are made directly to the farmer's bank account. No physical procurement involved.

o Pilot of Private Procurement and Stockist Schemes (PPPS): Allows private players to participate in procurement for oilseeds on a pilot basis.

ü Implemented in selected districts/APMCs for crops with MSP notifications.

ü Only one scheme (PSS or PDPS) can be operational for a commodity in a state.

• Scheme Objective: To provide remunerative prices to farmers, control price volatility, and ensure affordable availability of essential commodities.