Lok Sabha Question No. 1454 (UNSTARRED), answered on 2016-07-26
Subject: Price Stabilization Fund
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: RAJENDRA AGRAWAL

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE, COOPERATION AND FARMERS WELFARE

## LOK  SABHA UNSTARRED QUESTION NO. 1454

TO BE ANSWERED ON THE 26 TH   JULY, 2016

## PRICE STABILIZATION FUND

## 1454.  SHRI RAJENDRA AGRAWAL:

Will the Minister of AGRICULTURE AND FARMERS WELFARE कृ ष एवं कसान कयाण मंी be pleased to state:

- (a) the aims, objectives and targets of the newly established Price Stabilization Fund (PSF);
- (b) the  amount  of  the  funds  allocated  and  utilized  so  far  under  the  PSF,  State/UT-wise including Uttar Pradesh;
- (c) whether the targets set for the current fiscal have been achieved by the Government so far; and
- (d) if so, the details thereof ?

## ANSWER

MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE कृ ष एवं कसान कयाण मंालय म राय मंी (SHRI PARSHOTTAM  RUPALA)

- (a): As per the Price Stabilization Fund (PSF) Guidelines, the objectives are as below:-
* To promote direct purchase from farmers/ farmers association at farm gate/ mandi.
* To  maintain  a  strategic  buffer  stock  that  would  discourage  hoarding  unscrupulous speculation.
* To  protect  consumers  by  supplying  such  commodities  at  reasonable  prices  through calibrated release of stock.
- (b): The details of Expenditure in 2015-16 under Price Stabilization Fund (PSF) is given in Annexure.
- (c) & (d): The procurement of pulses and Onions under PSF are as under:-

| Procurement of Pulses and Onions under PSF (in MTs)   | Procurement of Pulses and Onions under PSF (in MTs)   | Procurement of Pulses and Onions under PSF (in MTs)   | Procurement of Pulses and Onions under PSF (in MTs)   | Procurement of Pulses and Onions under PSF (in MTs)   | Procurement of Pulses and Onions under PSF (in MTs)   |
|-------------------------------------------------------|-------------------------------------------------------|-------------------------------------------------------|-------------------------------------------------------|-------------------------------------------------------|-------------------------------------------------------|
|                                                       | FCI                                                   | NAFED                                                 | SFAC                                                  | MMTC                                                  | Total                                                 |
| Chana                                                 | 15200.74                                              | 20266.16                                              | 25026.43                                              | --                                                    | 60493.33                                              |
| Masur                                                 | 4335.57                                               | 2987.68                                               | 1232.50                                               | 15000.00                                              | 23555.75                                              |
| Tur                                                   | 20272.02                                              | 20000.79                                              | 5258.05                                               | 23500.00                                              | 69.30.86                                              |
| Urad                                                  | 4.73                                                  | 1764.03                                               | 3122.90                                               | 17500.00                                              | 22391.66                                              |
|                                                       |                                                       |                                                       |                                                       | Grand Total                                           | 175471.60                                             |
| Onions                                                | --                                                    | 5180.90                                               | 12566.57                                              | --                                                    | 17747.47                                              |

ANNEXURE Details of Expenditure in 2015-16 under Price Stabilization Fund (PSF) Rs. in Lakhs

| State/Agencies         |   Amount Released | Refunded by States/Agencies   |   Net Amount with States/Agencies |
|------------------------|-------------------|-------------------------------|-----------------------------------|
| SFAC                   |            9355   |                               |                           9355    |
| FCI                    |           15000   |                               |                          15000    |
| NAFED                  |           20283   | 875.00                        |                          19408    |
| MMTC                   |           14436.1 | 10834.39                      |                           3601.75 |
| Govt of Andhra Pradesh |            2500   |                               |                           2500    |
| Govt. of Telangana     |             250   |                               |                            250    |
| Total                  |             915   |                               |                            915    |
|                        |           62739.1 | 11709.39                      |                          51029.7  |

Note:  Total Fund received from PSFMC in 2015-16 is Rs.660.00 crores.

- ********