Pradhan Mantri Annadata Aay Sanrakshan Abhiyan: PM-AASHA is a new umbrella scheme aimed at ensuring remunerative prices to the farmers for their produce. The three components that are part of AASHA are:
- Price Support Scheme
- Price Deficiency Payment Scheme
- Pilot of Private Procurement and Stockist Scheme
The other existing schemes of Department of Food and Public Distribution for procurement of paddy, wheat and nutri cereals/coarse grains and of Ministry of Textile for cotton and jute will be continued for providing MSP to farmers for these crops.
PSS – Under the PSS, physical procurement of pulses, oilseeds and copra will be done by Central Nodal Agencies.
Besides, NAFED and Food Cooperation of India will also take up procurement of crops under PSS.
NAFED – National Agricultural Cooperative marketing Federation of India
- National Agricultural Cooperative marketing Federation of India (NAFED) was established in 1958.
- It is registered under the Multi State Co-Operative Societies act.
- Its objective is to promote co-operative marketing of agricultural produce to benefit the farmers.
The expenditure and losses due to procurement will be borne by the Centre.
PDPS – Under the PDPS, the Centre proposes to cover all oilseeds for which MSP is notified.
The difference between the MSP and actual selling/modal price will be directly paid into the farmer’s bank account.
Farmers who sell their crops in recognised mandis within the notified period can benefit from it.
FCI – Food Corporation of India
- The Food Corporation of India was set up under the Food Corporation’s Act 1964, with the following objectives –
- Effective price support operations for safeguarding the interests of the farmers
- Distribution of foodgrains throughout thecountry for public distribution system
- Maintaining satisfactory level of operational and buffer stocks of foodgrains to ensureNational Food Security
This scheme does not involve any physical procurement of crops as farmers are paid the difference between the MSP price and Sale/modal price on disposal in notified market.
PPSS – In the case of oilseeds, States will have the option to roll out PPSSs in select districts.
Under this, a private player can procure crops at MSP when market prices drop below MSP and whenever authorised by the state/UT government to enter the market.
The private player will then be compensated through a service charge up to a maximum of 15% of the MSP.