PM Asha Yojana- New scheme launched for farmers, know its full details

Since ancient times, farmers have been given the status of God in India and they are worshipped as Annadaata, but if we talk about today's scenario, the economic condition of the farmers is not good, they are in debt, due to which they take drastic steps like suicide, understanding these problems, the Indian central government has launched many schemes for farmers, one such scheme is Pradhan Mantri Asha Yojana (PM Asha Yojana) on which an important decision has been taken in the cabinet meeting, which is an important government program designed to increase the income and security of farmers in India. Let us know the complete information about this scheme-

What is PM Asha Yojana?

The Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM Asha Yojana) is a comprehensive initiative focused on ensuring that farmers get a fair minimum support price (MSP) for their produce. This scheme specifically targets the procurement of pulses and oilseeds, allowing the government to purchase these crops at MSP.

Key components of PM ASHA Yojana

Price Support Scheme (PSS): It involves direct procurement of pulses and copra at MSP.

Price Deficiency Payment Scheme (PDPS): This scheme compensates farmers for the difference between the market price and MSP.

Pilot Private Procurement and Stockist Scheme (PPPS): A pilot initiative that allows private stockists to participate in procurement.

How will farmers benefit?

PM ASHA Yojana is designed to provide several benefits to farmers, ensuring that they get adequate returns on their production costs. Let's know how it works-

Choice of Procurement Schemes: States or Union Territories can choose between PSS and PPPS for a specific oilseed crop during the procurement season.

Support for different crops: PM ASHA Yojana focuses on pulses and oilseeds, wheat, paddy, and coarse cereals procured under existing government schemes, thereby expanding the support framework for farmers.

Enhanced MSP: By ensuring that farmers get a guaranteed price for their crops, the scheme significantly improves their financial stability and encourages higher production.