MSP

PRICE SUPPORT SCHEME (PSS): GOVERNMENT PROCUREMENT OF PULSES AND OILSEEDS TO PROTECT FARMERS' INCOME

The Price Support Scheme (PSS), a core component of the PM-AASHA framework, empowers central agencies like NAFED and NCCF to procure pulses, oilseeds, and copra at MSP. It protects farmers from distress sales during price crashes while promoting crop diversification and domestic self-sufficiency.

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India Must Reform Agricultural Subsidies for Sustainable Growth

Indian farm subsidies are fiscally unsustainable, ecologically harmful, and distortionary, favoring water-intensive crops and larger farmers. The solution lies in rationalisation, not removal: shift to DBT and redirect savings toward R&D, infrastructure, and climate-smart agriculture to build a resilient, competitive, and inclusive farm sector.

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