economics medium MCQ

The Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) was launched to address the gap between the announced Minimum Support Price (MSP) and the actual market prices realized by farmers. Which of the following is a component of PM-AASHA?

  1. Direct Income Transfer of Rs. 6000 per year
  2. Price Support Scheme (PSS) where NAFED procures pulses and oilseeds
  3. Provision of free solar pumps for irrigation
  4. Subsidized air freight for exporting perishable horticulture

Answer: Price Support Scheme (PSS) where NAFED procures pulses and oilseeds

While MSP is announced for 22 crops, procurement is heavily skewed towards wheat and rice by the FCI. PM-AASHA was designed to operationalize MSP for pulses, oilseeds, and copra. Under the Price Support Scheme (PSS), NAFED acts as the central nodal agency to physically procure these crops when market prices fall below the MSP, protecting farmers from distress sales.

Topic Indian Economy - Agriculture
Exam Relevance UPSC Prelims, SSC CGL, Railway