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DAILY NEWS ANALYSIS

GS-III :
  • 21 May, 2020

  • 2 Min Read

Milk under price stabilisation fund

Milk under price stabilisation fund

To create additional domestic demand for milk the agriculture ministry has sought inclusion of the milk under the Price Stabilisation Fund scheme. If milk is included in the Price Stabilisation Fund, it would enable states to distribute milk through the public distribution system.

The Price Stabilization Fund (PSF) was set up under the Department of Agriculture, Cooperation & Famers Welfare (DAC&FW) and later transferred to Department of Consumer Affairs (DOCA). It aims to help regulate the price volatility of important agri-horticultural commodities like onion, potatoes and pulses were also added subsequently.

Source: pib


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