PM-AASHA (Pradhan Mantri Annadata Aay SanraksHan Abhiyan) is more than just an announcement. It’s a strategic intervention. The goal is to create a stable income environment for farmers. It aims to shield them from market price drops. This scheme was Launched on 2018. The scheme encourages investment in agriculture. Ultimately, it seeks to boost farm production.
Understanding the Mechanisms
Each component of PM-AASHA works uniquely. They address different aspects of price support.
Price Support Scheme (PSS) in Detail
PSS involves direct government purchase. NAFED and FCI are key players here. They buy pulses, oilseeds, and copra directly from farmers. This happens when market prices fall below the MSP. Farmers get assured prices for their produce. State governments play a vital role. They help in the procurement process. This ensures smoother operations on the ground.
Price Deficiency Payment Scheme (PDPS) Unpacked
PDPS offers a different approach. It avoids physical procurement. Instead, it focuses on compensating farmers. If farmers sell oilseeds below MSP, they receive a direct payment. This payment covers the price difference. Farmers need to register beforehand. Sales must occur in notified market yards. This system aims for transparency. Payments go directly to farmers’ bank accounts.
Private Procurement & Stockist Scheme (PPPS) Pilot
PPPS brings private players into the mix. It’s currently a pilot for oilseeds. States can choose to implement it. Selected private agencies buy crops at MSP. This happens when market prices dip below MSP. The aim is to explore how the private sector can take part and contribute. It could potentially enhance procurement efficiency.
PM-AASHA- Benefits and Broader Impact
PM-AASHA offers several advantages for farmers. “This scheme helps farmers avoid selling their crops at low prices right after harvest. It also supports the growing of pulses and oilseeds, which can help the country become more self-reliant in producing these crops.”Direct payments increase transparency. They also reduce the role of middlemen.
Furthermore, PM-AASHA aims to stabilize agricultural markets. By preventing sharp price declines, it benefits both farmers and consumers in the long run. It aligns with the larger goal of doubling farmers’ income.
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