There is another big good news for the farmers of the country. The Government of India, under the leadership of Prime Minister Narendra Modi, has launched the Pradhan Mantri AASHA Scheme (PM-AASHA) to boost agricultural production and ensure fair prices for farmers. This scheme is also known as the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan. An amount of ₹35,000 crore has been allocated for this scheme to support the farming community.

Main Objectives of the PM-AASHA Scheme

  1. Fair Prices to Farmers: The scheme ensures that farmers get fair prices for their crops, helping to reduce their financial burden.
  2. Promoting Self-Reliance: It encourages farmers to grow different crops, especially oilseeds, so they can become self-reliant.
  3. Stable Market Prices: The scheme helps keep the prices of essential crops stable, which benefits both farmers and consumers.

Key Components of PM-AASHA

1. Price Support Scheme (PSS):

It ensures that farmers get at least the Minimum Support Price (MSP) for their crops.

2. Price Stabilization Fund (PSF):

This fund helps control market prices and prevents sudden price increases.

Benefits of the PM-AASHA Scheme

Lower Farming Costs: The scheme offers subsidies on fertilizers and other inputs, especially for the upcoming Rabi season of 2024, reducing the cost of cultivation.

  1. More Crop Production: With lower costs and better financial support, farmers can grow more crops, improving the country’s food security.
  2. Cheaper Goods for Consumers: By keeping prices under control, the scheme helps consumers buy food at affordable prices.
  3. More Employment: The scheme will create new job opportunities in the agriculture sector.

Other Important Schemes for Farmers

  1. Pradhan Mantri Kisan Yojana: Provides direct income support to farmers.
  2. Krishak Bandhu Scheme: A state government scheme that offers financial aid to farmers.
  3. Crop Insurance Scheme: Helps protect farmers from losses due to crop failure.
  4. Farmers’ Pension Scheme: This ensures financial security for farmers after retirement.

Through the PM-AASHA scheme, the Government of India is working to strengthen the farming sector. This scheme helps increase productivity, ensures fair prices, and improves the lives of millions of farmers across the country.