The government has revised guidelines for the Market Intervention Scheme (MIS). MIS is now a part of the PM-AASHA scheme (Pradhan Mantri Annadata Aay Sanraksan Abhiyan), which ensures fair prices for farmers. PM-AASHA includes the Price Support Scheme (PSS), Price Deficiency Payment Scheme (PDPS), and Private Procurement & Stockist Scheme (PPPS). MIS prevents distress selling of perishable farm produce. It is implemented upon request from State/UT governments. A 10% drop in market prices compared to the previous season is required for activation. The procurement limit for crops has been increased from 20% to 25% of production.
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