Expansion of Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA), A Major Step for Farmers and Consumers

Objective of PM-AASHA The Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) is a significant initiative aimed at bringing positive changes in the lives of farmers. Under the leadership of Prime Minister Narendra Modi, the Union Cabinet recently approved the expansion of this scheme to ensure that farmers receive fair prices for their produce, while essential goods remain affordable for consumers.

Financial Outlay for PM-AASHA The government has allocated a total of ₹35,000 crore under PM-AASHA for the 15th Finance Commission cycle, extending up to the fiscal year 2025-26.

PM-AASHA The PM-AASHA scheme includes several plans designed to support farmers:

1. Price Support Scheme (PSS)
2. Price Stabilization Fund (PSF)
3. Price Deficiency Payment Scheme (PDPS)
4. Market Intervention Scheme (MIS)

Price Support Scheme (PSS) Under the Price Support Scheme, the government will procure pulses, oilseeds, and copra at the Minimum Support Price (MSP) for up to 25% of national production. However, in 2024-25, 100% procurement will be done for specific crops such as tur, urad, and masur, ensuring that farmers receive fair value for their crops without being forced to sell at lower market prices.

Increased Government Guarantee for Farmers To procure pulses, oilseeds, and copra at MSP, the government has raised the guarantee limit to ₹45,000 crore. Institutions like NAFED and NCCF will purchase these crops from farmers, ensuring fair prices and strengthening the country’s self-sufficiency in these products.

Expansion of the Price Stabilization Fund (PSF) The PSF will now support strategic reserves of pulses and onions to help stabilize prices in the market. Additionally, through PSF, the government has taken steps to control prices of key crops like tomatoes, onions, and potatoes (TOP) through subsidies.

Price Deficiency Payment Scheme (PDPS) The coverage for oilseeds under the PDPS has been raised from 25% to 40%, and the scheme’s duration has been extended from 3 months to 4 months. The central government will compensate up to 15% of the difference between MSP and the market price.

Market Intervention Scheme (MIS) Under the expanded MIS, farmers will now be covered for up to 25% of their produce. This scheme also includes the option of direct payments to farmers’ bank accounts and covers crops like tomatoes, onions, and potatoes to maintain a balance between production and consumption.

This expanded PM-AASHA scheme represents a major step in safeguarding farmers' interests while ensuring stability and affordability for essential goods in the market.

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