PM-AASHA

The Union Cabinet has approved the continuation of the Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) schemes and fixed the Nutrient Based Subsidy (NBS) rates for the upcoming rabi season.
The scheme aims to ensure remunerative prices for farmers and control price volatility of essential commodities to benefit consumers.
The total financial outlay for PM-AASHA is ₹35,000 crore during the 15th Finance Commission cycle, up to 2025-26.
Nutrient Based Subsidy (NBS) for Fertilizers:
The Cabinet fixed the NBS rates for phosphatic and potassic (P and K) fertilizers for the upcoming rabi season.
Applicable to all imported fertilisers except Ammonium Sulphate.
Urea-based fertilisers are not under NBS.
The budgetary requirement for this subsidy is ₹24,475.53 crore.
The subsidy rationalization aligns with international price trends, ensuring fertilizers are available to farmers at affordable prices.

Dig Deeper: Read about the Price Stabilisation Fund and Price Deficit Payment Scheme.

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