09 April, 2021 #Central Govt

PM Aasha Scheme | Pradhan Mantri Annadata Aay Sanrakshan Abhiyan Yojana, Complete Details 2021

PM Aasha Scheme

Continuing a row of welfare schemes to the farmers, Prime Minister Narendra Mobile launched PM Aasha Scheme. The abbreviation of the PM Aasha Scheme is Pradhan Mantri Annadata Aay Sanrakshan Abhiyan Yojana. Union Government’s motive in launching this scheme is to help the farmers get the minimum remuneration to the farmers for their crops. It also helps the farmers fix the system’s loopholes and give a Minimum Support Price (MSP) for their Crops. This scheme constitutes three components: Price Support Scheme (PSC), Price Deficiency Payment Scheme, and Pilot of Private Procurement & Stockist Scheme (PPSS).

In this article, we explained the complete details of the PM Aasha Scheme launched by Prime Minister Narendra Modi for the Farmers’ welfare.

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PM Aasha Scheme 

This article explains the complete details of th PM Aasha Scheme, also termed Pradhan Mantri Annadata Aay Sanrakshan Abhiyan Yojana,

Benefits of Pradhan Mantri Aasha Scheme 

Let us see the benefits of the Prime Minster Aasha Scheme launched for the farmers in the nation.

  • The scheme develops the rural economy by encouraging the farmers to earn better incomes.
  • The scheme has three components that fill the gaps in the crops’ procurement and compensation mechanism.
  • The scheme benefits the farmers by getting them a Minimum Support Price for their crops.
  • The PM Aasha Scheme helps in the diversification of crops and reduces the stress on the soil and water. 

Complete Details of the PM Annadata Aay Sanrakshan Abhiyan Yojana

Let us see the PM Aasha Scheme’s complete details divided into three components to ensure better MSPs for the farmers.

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Price Support Scheme (PSS)

  • Under this scheme, the Central Nodal Agencies will take care of the physical procurement of Pulse, Oil Seeds, and other crops proactively with the support of the state government.
  • The Food Corporation of India also takes up PSS Operations in addition to the already existing NAFED.
  • Central Government will borne the losses incurred due to the procurement.

Price Deficiency Payment Scheme (PDPS)

  • This component under the PM Aasha will cover all the oilseeds for which the Minimum Support Price (MSP) is notified.
  • The scheme had been formulated based on the Madhya Pradesh government’s Bhawantar Bhugtan Yojana (BBY).
  • The farmers will receive all the payments under this scheme to their bank accounts without middlemen’s intervention.
  • The union government will procure 25% of the marketable surplus of farmers for the listed crops.
  • The PDPS does not encourage any physical procurement of crops.
  • The Farmers are paid the difference between the MSP price and Sale/modal price on disposal in the notified market. 
  • Central Government will support the PDPS as per the norms.

Pilot of Private Procurement & Stockist Scheme (PPPS)

  • The scheme aims to include the participation of private sectors in procurement operations to strengthen the process.
  • The chosen private agency shall procure the commodity at MSP in the notified markets during the notified period from the registered farmers following the PPSS Guidelines.
  • The states are provided with an option to implement the scheme on pilot basis in selected APMCs with Private Sectors’ support.

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Challenges of the Prime Minister Aasha Scheme 

Let us see the challenges of the PM Aasha Scheme, as shown below.

  • Procurement Infrastructure is the most challenging for implementing this scheme because the concentration on the procurement infrastructure in the scheme is deficient.
  • The lack of an efficient distribution system is one of the significant issues of taking this scheme to the next level.
  • The scheme benefits the traders by allowing them to manipulate the prices.
  • Procurement by private players is also a significant concern to the successful implementation of the scheme.
  • There are a few issues in funding as the NAFED has been in losses since 2012. Thus the financial instability of the NAFED is also a significant concern for the success of the scheme.

PM Aasha Yojana FAQ’s

When was the government launched the Aasha Scheme in the country?

The Union Government announced the Aasha Scheme in September 2018 by honorable Prime Minister Mr. Narendra Modi.

What is the core objective of implementing the Pradhan Mantri Aasha Scheme?

The core objective of launching the PM Aasha Scheme is to benefit the farmers by providing the Minimum Support Price to the selected crops.

What is the Minimum Support Price concerning the following article?

The Minimum Support Price, also called MSP, is the minimum price paid to the farmers for their agricultural produce.

What are the names of components in which the PM Annadata Aay Sanrakshan Abhiyan Yojana?

The scheme is divided into three components: Price Support Scheme (PSC), Price Deficiency Payment Scheme, and Pilot of Private Procurement & Stockist Scheme (PPSS)

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