Current Affairs · Agricultural Schemes
Consider the following statements regarding the Price Support Scheme (PSS): I. It is a scheme operationalized under the PM-AASHA umbrella for ensuring remunerative prices to farmers. II. The procurement under PSS continues until the market price of a commodity stabilizes at or above the Minimum Support Price (MSP). III. PSS is applicable for procurement of oilseeds, pulses, and copra when the market price falls below the MSP. IV. The losses incurred due to procurement under PSS are borne by both the State and Central Governments equally. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II, III and IV
- 2I and IV only
- 3II, III and IV only
- 4I, II and III only✓
Correct answer
I, II and III only
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