Recently, in a significant step towards enhancing domestic production of pulses, the government of India has removed the procurement ceilings of 40% for tur, urad and Masur under Price Support Scheme (PSS) operations for 2023-24.
About Price Support Scheme:
- It is being implemented by the Government of India in the state.
- It is one of the components of the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (AASA) scheme.
- Implemented by: The Department of Agriculture & Cooperation implements this scheme for procurement of oil seeds, pulses and cotton, through NAFED which is the Central nodal agency, at the MSP declared by the government.
- Main crops covered: Bajra, Jowar, Maize, Paddy, Cotton, Tur, Moong, Urad, Groundnut, Sesamum Wheat, Gram, Mustard, Sugarcane etc.
What are the Benefits?
- Farmers get the benefit of the scheme through the sale of their produce at support price in APMC centres opened by the Nodal procurement agency.
- When prices of commodities fall below the MSP, State and central notified procurement nodal agencies purchase commodities directly from the farmers at MSP, Under specified FAQ (fair Average Quality).
- In this way, prices of the main commodities are procured and protect the farmers against economic loss in farming.