Home » Current Affairs In-depths & Editorials » GS3 » Economy » Economic Issues - Inflation, Deflation, Slowdown, Recession, Depression » Price Stabilization Fund

Price Stabilization Fund

Swetha 21/07/2023

Price Stabilization Fund
News
Centre started procuring tomatoes
Under PSF
What
Fund to absorb volatility
In prices of selected commodities
Including tomatoes, onions, pulses
How
Target commodities purchased directly
From farmers by centre
Availability to consumers
At affordable rate
Losses shared between
Centre and states
Provision of interest-free loans
To state/ UT governments
Central agencies
Enable procurement and distribution of target commodities
Who
Established under Department of Agriculture
Cooperation & Farmers Welfare
Managed by Price Stabilisation Fund Management Committee
Maintained by Small Farmers Agribusiness Consortium
As a central corpus fund
Consortium promoted by agriculture ministry
When
Established in 2014-15

If you like this post, please share your feedback in the comments section below so that we will upload more posts like this.

Related Posts

Greedflation What Refers to Price inflation caused by corporate greed for higher profits Significance Sign of increased market dominance by corporations Disagreements by Critics Corporations cannot set prices arbitrarily Inflation refers to general rise in price levels, not individual goods or services No evidence of deliberate reduction of supply Supply gaps would be quickly filled by other suppliers Inflation in the US explained by expansionary monetary policy of the Federal Reserve Money supply rose by 40% How Significant rise in corporate profit margins since the pandemic Higher profits realized by increasing goods' prices more than necessary to compensate for increased input costs Higher input costs due to supply chain disruptions Facts Proponents' calls for Curbing market power of big corporations Banning price hikes to prevent profiteering

04/07/2023 / Economic Issues - Inflation, Deflation, Slowdown, Recession, Depression

Atmanirbhar Bharat Abhiyan (Self-reliant India Mission): program, significance, issues

Atmanirbhar Bharat Abhiyan (Self-reliant India Mission): program, sign...

21/05/2020 / Economic Growth & Development, Schemes/Welfare Initiatives

PM Vishwakarma Scheme- How can it Help our Artisans?

PM Vishwakarma Scheme- How can it Help our Artisans?

18/08/2023 / Indian Art & Culture, Schemes/Welfare Initiatives

KUSUM Scheme: Need, Significance, Drawbacks

KUSUM Scheme: Need, Significance, Drawbacks

08/11/2019 / , Agriculture Issues in India, Farmers, New and Renewable Energy, Schemes/Welfare Initiatives

Categories: Economic Issues - Inflation, Deflation, Slowdown, Recession, Depression, Schemes/Welfare Initiatives

Tags: 21.07.2023, Newsbits

Subscribe

0 Comments

Inline Feedbacks

View all comments

X