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PM-Asha scheme will give strength to farmers, Center extended the scheme till 2025-26

by Aaryan Srivastav
September 20, 2024
The cabinet approved seven schemes worth about Rs 14 thousand crore for farmers

New Delhi, September 19 (IANS). With the aim of giving fair price to the farmers for their crops and controlling the fluctuations in the prices of essential commodities, the central government has allowed the continuation of Pradhan Mantri Annadata Anna Sanrakshan Abhiyan (PM-Asha) schemes till the financial year 2025-26. About Rs 35,000 crore will be spent in this.

PM-Asha is an Amrela scheme. Currently, it covers the Price Support Scheme and the Price Stabilization Fund Scheme.

According to the information given by the government, now in addition to the Price Support Scheme and Price Stabilization Fund Scheme, Price Deficit Payment Scheme and Market Intervention Scheme will also be covered under the PM-Asha Scheme.

Under the price support scheme, 25 percent of the national production of oilseeds and copra will be procured in 2024-25. This limit will not apply to urad, lentil and tur. 100 percent of these crops will be procured.

The government has increased the purchase of notified pulses, copra and oilseeds to Rs 45,000 crore. This will increase the purchase of pulses, oilseeds and copra. Along with this, farmers will get incentives to increase the production of these crops. This will enable the country to move towards self-sufficiency in these crops.

The Price Stabilization Fund Scheme will help customers to prevent sudden fluctuations in the price of agricultural and horticultural commodities. This scheme will help in maintaining buffer stock of pulses and onions. Apart from this, the central government has increased the coverage of the price deficit payment scheme to 40 percent. Apart from this, the coverage under MIS has been increased to 25 percent.

–IANS

ABS/CBT

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