PRICE STABILISATION FUND
PRICE STABILIZATION FUND The Price Stabilization Fund Scheme (PSF) was launched by Government of India along with NABARD in April 2003 against the backdrop of decline in international and domestic prices of tea, coffee, rubber and tobacco causing distress to primary growers. The Trust was re-registered for a further period of ten years beyond September 11, 2013 to September 11, 2023. The growers of these commodities were particularly affected due to substantial reduction in unit value realization for these crops, at times falling below their cost of production. The objective of the Scheme is to safeguard the interests of the growers of these commodities and provide financial relief when prices fall below a specified level without resorting to the practice of procurement operations by the Government agencies. The Scheme is being operationalized through the Price Stabilization Fund Trust. A Personal Accident Insurance Scheme - is also under implementation by PSFT through National Ins