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About the PM-AASHA Scheme

Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) is a scheme launched by the Government of India to provide a stable income to farmers and to help protect them from the price volatility of their agricultural produce. The scheme was announced in September 2018, and it aims to provide a remunerative price to farmers for their produce and to promote farmer-friendly measures for the price of agricultural products.

Components of PM-AASHA Scheme:

• Price Support Scheme (PSS): Under the Price Support Scheme (PSS), the government procures certain specified agricultural products at Minimum Support Price (MSP) from the farmers, which is the price announced by the government for certain crops and intervenes in the market when the price falls below the MSP.
• Price Deficiency Payment Scheme (PDPS): The Price Deficiency Payment Scheme (PDPS) provides direct benefit transfer to farmers for the difference between the sale price of their products and the MSP, in case the sale price is lower than the MSP.
• Pilot of Private Procurement & Stockist Scheme (PPPS): The Pilot of Private Procurement & Stockist Scheme (PPPS) is a pilot program to test the procurement of oilseeds and pulses from farmers by private players to encourage private investment in the agricultural sector and to provide a better price to farmers.

Objectives of the PM-AASHA scheme:

1. To provide a remunerative price to farmers for their agricultural produce, which would help to ensure that farmers receive a stable income.
2. To help protect farmers from price volatility, by providing a safety net to ensure that farmers receive a stable income even when prices for their products fall.
3. To promote more efficient markets for agricultural products by providing better price signals to farmers and encouraging private investment in the agricultural sector.
4. To support the government’s goal of doubling farmers’ income by providing a stable income to farmers and promoting efficiency in the agricultural sector.
5. To provide a more profitable market for the agricultural produce of the farmers, by bringing down the harvest losses, promoting private procurement, and augmenting the procurement of pulses, oilseeds, and copra.
6. To increase the income of farmers and to promote agricultural growth, productivity, and sustainable development of the rural economy.
7. To support the government’s goal of creating an agricultural ecosystem that is profitable, sustainable, and remunerative for farmers.

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