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Discuss the role that PM-AASHA can play in tackling agriculture price and income volatility.

Topic : GS-2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.

 GS-3: Issues related to direct and indirect farm subsidies and minimum support prices; Public Distribution System- objectives, functioning, limitations, revamping; issues of buffer stocks and food security; Technology missions; economics of animal-rearing.

6. Discuss the role that PM-AASHA can play in tackling agriculture price and income volatility. (250 words)

Reference: Financial Express 

Why the question:

The question is based on the scheme of PM – AASHA and its effectiveness.

Key Demand of the question:

Discuss in detail the role that PM-AASHA can play in tackling agriculture price and income volatility.

Directive:

Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.

Structure of the answer:

Introduction:

The Government has taken another giant leap towards boosting pro-farmer initiatives. With the recent approval of the umbrella scheme Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA), that is aimed towards ensuring remunerative prices to farmers for their produce, the government has taken an unprecedented step.

Body:

The recent scheme is expected to complement the increase in MSP which will be translated to farmer’s income by way of robust procurement mechanism in coordination with the states.

List down the key features of the scheme, its components; Price Support Scheme (PSS), Price Deficiency Payment Scheme (PDPS), Pilot of Private Procurement & Stockist Scheme (PPPS). Explain in what way these aid in tackling agriculture price and income volatility.

Give examples if possible.

Conclusion:

Conclude with its importance.