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In a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, the government approved the continuation of the ‘PM-Asha’ scheme with an outlay of Rs 35,000 crore. The government has given this approval with the aim of providing better prices to farmers and controlling the volatility in the prices of essential commodities for consumers.
New Delhi. The government has approved the continuation of the ‘PM-Asha’ scheme with an outlay of Rs 35,000 crore. The government has given this approval with the aim of providing better prices to farmers and controlling the volatility in the prices of essential commodities for consumers. According to an official statement, “The Union Cabinet meeting chaired by Prime Minister Narendra Modi approved the continuation of the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-Asha) scheme to provide remunerative prices to farmers and control the volatility in the prices of essential commodities for consumers.”
According to the statement, the total financial expenditure during the 15th Finance Commission till 2025-26 will be Rs 35,000 crore. The government has integrated the Price Support Scheme (PSS) and Price Stabilization Fund (PSF) schemes into PM-ASHA to serve farmers and consumers more efficiently. The government said, “The integrated scheme of PM-ASHA will bring more effectiveness in implementation. This will not only help in providing remunerative prices to farmers for their produce, but will also curb price fluctuations by ensuring availability of essential commodities to consumers at affordable prices.” PM-ASHA will now include components of PSS, PSF, Price Loss Payment Scheme (POPS) and Market Intervention Scheme (MIS).
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