- Scheme Under: PM-AASHA (Pradhan Mantri Annadata Aay Sanrakshan Abhiyan)
- Objective: Protect farmers from price drops in perishable crops
- Activation: Upon request by State/UT governments when market prices fall
Key Features of MIS
- Targets: Perishable crops (e.g., tomatoes, onions, potatoes, apples, garlic, oranges, grapes, spices)
- Market Price Drop Threshold: At least 10% from the previous year
- Procurement Limit: Increased from 20% to 25% of total production
- Flexible Payment: States can either procure crops physically or transfer price difference to farmers’ accounts
Implementation & Process
- Implementing Body: Department of Agriculture & Cooperation
- Central Procurement Agency: NAFED (National Agricultural Cooperative Marketing Federation of India)
- Supporting Agencies: NCCF (National Cooperative Consumers’ Federation) & State-run agencies
- Continues Until: Market prices stabilize above Market Intervention Price (MIP)