Price Support Scheme Nafed

Hello sir I want to know about the Price Support Scheme (PSS) of Govt. Operations of Nafed please provide the information regarding the same ??

[Shaleen]

As you want to know about the Price Support Scheme (PSS) of Govt. Operations of Nafed

In Order to help the farmers in getting remunerative prices for their produce with a view to give confidence higher investment and as also to increase production and productivity of a commodity, Government of India declares Minimum Support Price (MSPs) for 25 notified agricultural commodities for each Kharif & Rabi crop season.

NAFED is one of the Central Nodal Agencies for 16 notified agricultural commodities of Oilseeds, Pulses and Cotton under Price Support System (PSS), NAFED continues to be the sole of Central Nodal Agency of Government of India for procurement of Milling Copra and Ball Copra under PSS.

NAFED has been additional Central Agency of Government of India in addition to Cotton Corporation of India(CCI) since 2004-05 for procurement of Cotton under PSS.

As per the Scheme, the procurement is to be undertaken, if the market price of FAQ stocks rule at or under the declared MSPs and procurement is to be continued till the market price stabilize above the declared MSP.

The PSS will be in operation for 90 days in each Kharif / Rabi season from the date of commencement of produce season commodity-wise as notified by respective State Governments.

NAFED is procuring FAQ stocks under PSS straight from the farmers through its Cooperative network at State level and Primary level.

The payment to the farmers is made through accounts payee cheques.

Losses if any incurred in PSS Operations of Oilseeds, Pulses and Cotton are reimbursed fully by Government of India.

Profit, if any, on disposal of the commodities procured under PSS are transferred to Government of India.

NAFED has been implementing the Scheme on behalf of Government of India for more than three decades.

Rate in rs. Per qtl. For faq

Name of Commodity 2013-14 2014-15

Kharif Crops
Soyabean (yellow) 2560 2560
Soyabean (Black) 2500 2500
Groundnut-in- shell 4000 4000
Sunflower Seed 3700 3750
Sesamum Seed 4500 4600
Niger Seed 3500 3600
Moong 4500 4600
Urad 4300 4350
Tuar(Arhar) 4300 4350
Cotton (Medium Staple Length) 3700 3750
Cotton (Long Staple Length) 4000 4050
Rabi Crops
Rape Seed/ Mustard 3000 3050
Safflower Seed 2800 3000
Gram 3000 3100
Masur (Lentil) 2900 2950
Toria 2900 3020
Perennial Crops
Milling Copra 5250 5250
Ball Copra 5500 5500
De-Husked Coconut 1425 1425