1. PM-AASHA is a new umbrella scheme aimed at ensuring remmunerative prices to the farmers for their produce.
2. The 3 components that are part of AASHA are
a. Price Support Scheme
b. Price Deficiency Payment Scheme
c. Pilot of Private Procurement and Stockist scheme.
3. 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 those crops.
4. PSS – under the pss , physical procurement of pulses , oilseeds and copra will be done by central nodal agencies.
5. Besides NAFED and Food Corporation of India will also take procurement of crops undef PSS.
6. The expenditure and losses due to procurement will be borne by the centre.
7. PDPS: Under the PDPS, the center proposes to cover all oilseeds for which MSP is notified.
8. The difference between the MSP and Actual selling/modal price will be directly paid into the farmer’s bank account.
9. Farmers who sell their crops in recognised mandis within the notified period can benefit from it.
10. This scheme doesn’t 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.
11. PPSS : In case of oil seeds , states will have the option to roll out PPSSs in select districts.
12. Under this, a private player can procure crops at MSP when market prices drop below MSP and whenever authorized by the state/UT government to enter the market.
13. The private player will then be compensated through a service charge upto a maximum of 15% of the MSP.