Haryana
Government Approves Procurement Under PSS
- 13 Jun 2025
- 3 min read
Why in News?
The Government has approved the procurement of Moong in Haryana, Uttar Pradesh, and Gujarat, as well as Groundnut in Uttar Pradesh, under the Price Support Scheme (PSS) for the 2025–26 summer crop season.
Key Points
- Procurement of Pulses:
- To boost domestic pulse production and reduce import dependency, the Government allowed procurement of Tur (Arhar), Urad, and Masur up to 100% of state production under the PSS for the procurement year 2024–25.
- In the Union Budget 2025, the Government extended PSS initiative for four more years till 2028–29, authorizing Central Nodal Agencies National Agricultural Cooperative Marketing Federation of India Limited (NAFED) and National Calamity Contingency Fund (NCCF) to procure pulses up to full state production levels.
- PM-AASHA:
- Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA), launched in 2018, has been approved for continuation during the 15th Finance Commission Cycle up to 2025-26.
- In September 2024, the government approved the continuation of the Integrated scheme of PM AASHA with the Price Support Scheme (PSS), Price Deficiency Payment Scheme (PDPS) & Market intervention Scheme (MIS) as its components.
- The scheme aims to ensure assured and fair prices for farmers’ produce, protect their income, and safeguard them against market volatility.
- The PSS is triggered when market prices of notified pulses, oilseeds, or copra fall below the Minimum Support Price (MSP) during peak harvest, ensuring farmers receive remunerative prices.
Note:
- The Government implements the Market Intervention Scheme (MIS) to safeguard farmers from distress sales during sharp price drops, especially for perishable agricultural and horticultural produce during peak harvest periods.
- The Price Deficiency Payment Scheme (PDPS) is a mechanism to compensate farmers for price fluctuations when the market price of their produce falls below the MSP.
National Agricultural Cooperative Marketing Federation of India Ltd
- NAFED is registered under the Multi-State Cooperative Societies Act, 2002.
- It was set up in 1958 with the objective to promote Cooperative marketing of Agricultural Produce to benefit the farmers.
