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What is the primary objective of PM-AASHA scheme?
To provide free seeds to farmers
To ensure remunerative prices for farmers
To provide irrigation facilities
To promote agricultural exports
To ensure remunerative prices for farmers
The government has allocated 7,200 crore rupees to the PM-AASHA scheme for the 2026-27 financial year to ensure remunerative prices for farmers.
The Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) was originally launched in September 2018 to streamline the agricultural procurement process. It is designed to protect farmers from distress sales during peak harvest periods when open-market prices fall below the government-determined Minimum Support Price (MSP). By strengthening the mechanism for price support, the scheme helps stabilize both farmer income and consumer food prices. The 2026-27 budgetary allocation underscores the government's continued focus on strengthening agricultural pricing systems.
Scheme Name: Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA)
Launch Year: 2018
Budget Allocation 2026-27: 7,200 crore rupees
Major Components: Price Support Scheme (PSS), Price Stabilization Fund (PSF), Price Deficiency Payment Scheme (PDPS), and Market Intervention Scheme (MIS)
B is correct тАФ PM-AASHA serves as a vital safety net to ensure that farmers receive remunerative prices for their pulses, oilseeds, and copra by providing government procurement support.
Remember the acronym 'AASHA' (which means Hope in Hindi) as the government's 'hope' for protecting farmer income through price support measures.