Hello and welcome to exampundit. As a part of our Government Schemes PDFs Series, today we are sharing the PDF on PM AASHA Scheme 2018. This is important for all Bank PO, Clerk and Competitive Exams.
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Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM AASHA Scheme 2018)
Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved a new Umbrella Scheme “Pradhan Mantri Annadata Aay SanraksHan Abhiyan’ (PM AASHA Scheme 2018). The Scheme is aimed at ensuring remunerative prices to the farmers for their produce as announced in the Union Budget for 2018.
PM-AASHA will provide MSP assurance to farmers A reflection of Government’s commitment to the “Annadata”.
Components of PM AASHA Scheme 2018
This new Umbrella Scheme includes the mechanism of ensuring remunerative prices to the farmers and is comprised of
- Price Support Scheme (PSS),
- Price Deficiency Payment Scheme (PDPS)
- Pilot of Private Procurement & Stockist Scheme (PPPS).
The other existing schemes of Department of Food and Public Distribution (DFPD) 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.
Outlay of PM AASHA Scheme 2018
The Cabinet has decided to give additional government guarantee of Rs.16,550 crore making it Rs. 45,550 crore in total.
In addition to this, budget provision for procurement operations has also been increased and Rs. 15,053 crore is sanctioned for PM-AASHA implementation. The scheme henceforth is a reflection of Government’s commitment and dedication to our ‘Annadata’.
More about Components of PM AASHA Scheme 2018
In Price Support Scheme (PSS), physical procurement of pulses, oilseeds and Copra will be done by Central Nodal Agencies with proactive role of State governments.
In addition to NAFED, Food Cooperation of India (FCI) will take up PSS operations in states /districts.
So, the procurement expenditure and losses due to procurement will be borne by Central Government as per norms.
Under Price Deficiency Payment Scheme this scheme (PDPS) it is proposed to cover all oilseeds for which MSP is notified.
Also, the Government is committed to realizing the vision of doubling farmers’ income by 2022.
Important Terms related to PM AASHA Scheme 2018
Followings are the important terms related to the PM AASHA Scheme 2018.
- PM AASHA: Pradhan Mantri Annadata Aay SanraksHan Abhiyan
- PSS: Price Support Scheme
- PDPS: Price Deficiency Payment Scheme
- PPPS: Pilot of Private Procurement & Stockist Scheme
- DFPD: Department of Food and Public Distribution
- MSP: Minimum Support Price
- FCI: Food Corporation of India
- NAFED: National Agricultural Cooperative Marketing Federation of India
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