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Government procured just 3% of pulses, seeds targeted under PM-AASHA scheme

  • Posted By
    10Pointer
  • Categories
    Economy
  • Published
    7th Dec, 2020

Less than 3% of this season’s sanctioned amount of pulses and oilseeds have actually been procured so far under the once-hyped PM-AASHA scheme.

Context

  • Less than 3% of this season’s sanctioned amount of pulses and oilseeds have actually been procured so far under the once-hyped PM-AASHA scheme.

What is PM-AASHA?

  • The PM-AASHA or Pradhan Mantri Annadata Aay Sanrakshan Abhiyan was started in 2018.
  • It was to ensure that farmers growing pulses, oilseeds and copra actually get the minimum support prices they are promised for their crops each year.
  • It allowed cash payment to farmers or procurement by private traders.
  • The price support scheme whereby Central agencies would procure pulses and oilseeds directly from farmers.
  • A 60:40 split in costs between the Centre and the States is suggested.

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