Government approves US$ 4.17 billion (Rs. 35,000 crores) for 'PM Annadata Aay Sanrakshan Abhiyan'

The government has approved US$ 4.17 billion (Rs. 35,000 crores) for the PM Annadata Aay Sanrakshan Abhiyan (PM-AASHA), aiming to ensure remunerative prices for farmers and stabilize market prices for consumers. This decision was made during the Union Cabinet meeting chaired by Prime Minister Mr. Narendra Modi, as announced by Union Minister of Information and Broadcasting Mr. Ashwini Vaishnaw. The scheme is designed to safeguard farmers from distress sales, particularly during peak harvesting periods, providing much-needed support to the agricultural sector.

The PM-AASHA initiative will promote self-sufficiency in producing essential crops such as pulses, oilseeds, and other agri-horticulture commodities. It aims to increase farmers' income while protecting consumers' interests. This move is expected to boost the agricultural economy and contribute to long-term market stability during the upcoming fiscal years, including 2022-23.

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