Indian government extends PM-AASHA scheme for 5 years, allocating ₹35,000 crore to support farmers and stabilize commodity costs.

The Indian government has approved the continuation of the PM-AASHA scheme for five more years, allocating ₹35,000 crore ($4.6 billion) to enhance farmers' prices and stabilize essential commodity costs for consumers. The scheme integrates the Price Support Scheme (PSS), Price Stabilization Fund (PSF), Price Deficit Payment Scheme (POPS), and Market Intervention Scheme (MIS) to improve efficiency and encourage self-sufficiency in key crops.

September 18, 2024
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