Cabinet Approved Continuation of PM-AASHA Scheme for Farmers' Support

Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA)

Price Support and Stabilization Scheme

By: Ministry of Agriculture & Farmers Welfare

Launched: 2018

Objective

The aim of the PM-AASHA scheme is to ensure fair pricing for farmers and manage price volatility of essential commodities.

Key Components

• Price Deficit Payment Scheme (PDPS): Compensates farmers if market prices fall below MSP (up to 15% of MSP).
• Price Support Scheme (PSS): Direct market intervention to purchase crops at MSP.
• Price Stabilisation Fund (PSF): Stabilizes prices of essential commodities.
• Market Intervention Scheme (MIS): Manages price volatility through strategic purchases.

Financial Details

Total Outlay: ₹35,000 crore (15th Finance Commission Cycle until 2025-26).

Maximum PDPS Compensation: 25% of MSP.