The Market Intervention Scheme (MIS) is a component of which initiative?

Question

The Market Intervention Scheme is a component of Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA), under which the government recently approved procurement of 20 lakh metric tonnes of potatoes. The scheme is implemented at the request of State or Union Territory governments to procure perishable crops like tomato, onion, and potato that do not have a Minimum Support Price. Its objective is to protect farmers from distress sales during bumper production when market prices fall below the cost of production. It is implemented by the Department of Agriculture and Farmers Welfare.

GKToday Admin · Accepted Answer

PM-AASHA The Market Intervention Scheme is a component of Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA), under which the government recently approved procurement of 20 lakh metric tonnes of potatoes. The scheme is implemented at the request of State or Union Territory governments to procure perishable crops like tomato, onion, and potato that do not have a Minimum Support Price. Its objective is to protect farmers from distress sales during bumper production when market prices fall below the cost of production. It is implemented by the Department of Agriculture and Farmers Welfare.

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