Agriculture Policy Revision Capsule
Rapid revision capsule covering the most important current-affairs facts from PM-KISAN, PMFBY, MSP, and PM-AASHA for fast exam preparation.
This capsule is for fast revision, not first-time learning.
Use it after reading:
- PM-KISAN Current Status
- PMFBY Current Status
- MSP and Procurement Updates
- PM-AASHA and Price Support
The goal is simple:
- cut revision time
- separate similar schemes
- lock the latest PIB-backed facts into memory
The 4-Scheme Map
| Scheme / Topic | Core role | Best memory phrase |
|---|---|---|
| PM-KISAN | direct income support | cash transfer to eligible farmer families |
| PMFBY | crop-risk insurance | premium and loss protection |
| MSP | announced support price | price floor signal |
| PM-AASHA | price-support operations | procurement and price-deficiency response |
If you remember this table clearly, many agriculture-policy MCQs become easier.
PM-KISAN: Fast Recall
- launched in February 2019
- Central Sector Scheme
- ₹6,000 per year
- 3 instalments of ₹2,000
- transfer through DBT
- into Aadhaar-seeded bank accounts
- latest cumulative anchor:
- over ₹4.27 lakh crore
- through 22 instalments
- by 24 March 2026
- 22nd-instalment anchor:
- over ₹18,640 crore
- to over 9.32 crore farmer families
- women angle:
- over 2.15 crore women linked with the 22nd instalment
IMPORTANT
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This capsule is for fast revision, not first-time learning.
Use it after reading:
- PM-KISAN Current Status
- PMFBY Current Status
- MSP and Procurement Updates
- PM-AASHA and Price Support
The goal is simple:
- cut revision time
- separate similar schemes
- lock the latest PIB-backed facts into memory
The 4-Scheme Map
| Scheme / Topic | Core role | Best memory phrase |
|---|---|---|
| PM-KISAN | direct income support | cash transfer to eligible farmer families |
| PMFBY | crop-risk insurance | premium and loss protection |
| MSP | announced support price | price floor signal |
| PM-AASHA | price-support operations | procurement and price-deficiency response |
If you remember this table clearly, many agriculture-policy MCQs become easier.
PM-KISAN: Fast Recall
- launched in February 2019
- Central Sector Scheme
- ₹6,000 per year
- 3 instalments of ₹2,000
- transfer through DBT
- into Aadhaar-seeded bank accounts
- latest cumulative anchor:
- over ₹4.27 lakh crore
- through 22 instalments
- by 24 March 2026
- 22nd-instalment anchor:
- over ₹18,640 crore
- to over 9.32 crore farmer families
- women angle:
- over 2.15 crore women linked with the 22nd instalment
IMPORTANT
Trap: PM-KISAN is income support, not insurance, not pension, and not price support.
PMFBY: Fast Recall
- full form: Pradhan Mantri Fasal Bima Yojana
- launched in Kharif 2016
- latest strong reform anchor: 18 November 2025
- major reform points:
- wild-animal attack recognized as localised risk
- paddy inundation restored under localised calamity
- rollout from Kharif 2026
- loss reporting within 72 hours
- reporting through Crop Insurance App
- with geotagged photographs
- premium pattern:
- 2% for Kharif crops
- 1.5% for Rabi crops
- 5% for commercial / horticultural crops
IMPORTANT
Trap: PMFBY is crop insurance. It is not income support and not MSP procurement.
MSP: Fast Recall
- MSP = Minimum Support Price
- strongest current anchor: 13 May 2026
- linked to Kharif Marketing Season 2026-27
- highest absolute increase:
- Sunflower seed: ₹622/quintal
- other important increases:
- Cotton: ₹557
- Nigerseed: ₹515
- Sesamum: ₹500
- important return-over-cost example:
- Moong: 61%
The most important conceptual point:
- MSP announcement is not the same as actual procurement
IMPORTANT
Trap: MSP is the price announcement. Operational support often comes through procurement or PM-AASHA mechanisms.
PM-AASHA: Fast Recall
- full form: Pradhan Mantri Annadata Aay Sanrakshan Abhiyan
- strong current anchor: 27 March 2026
- this is the price-support architecture lesson
- three key mechanisms:
- PSS = physical procurement
- PDPS = price-difference payment
- MIS = market intervention for perishables
Strong supporting current facts:
- 11 March 2026
- Telangana MSP procurement approval worth ₹894 crore
- 30 March 2026
- PSS approvals worth over ₹11,698 crore
- 18 April 2026
- potato procurement in Uttar Pradesh under MIS
IMPORTANT
Trap: PM-AASHA is not the same as MSP. MSP is the declared price; PM-AASHA is part of the response architecture when market prices fall below support levels.
Scheme-Separation Drill
| Clue | Answer |
|---|---|
| ₹6,000 per year, DBT, Aadhaar-seeded account | PM-KISAN |
| 2%, 1.5%, 5% premium; 72-hour reporting; geotagged photos | PMFBY |
| announced support price, Kharif 2026-27, sunflower increase | MSP |
| PSS, PDPS, MIS, procurement approvals, distress-sale prevention | PM-AASHA |
This is one of the best last-minute revision tables in the agriculture-policy block.
Most Likely One-Liner Questions
-
Which scheme gives ₹6,000 per year to eligible farmer families? PM-KISAN
-
Which scheme uses premium rates of 2%, 1.5%, and 5%? PMFBY
-
Which current reform recognized wild-animal attack as a localised risk? PMFBY reform of 18 November 2025
-
Which current price announcement saw the highest increase in sunflower seed MSP? Kharif MSP for 2026-27
-
Which architecture includes PSS, PDPS, and MIS? PM-AASHA
Final 10 Facts to Lock In
- PM-KISAN = ₹6,000/year
- PM-KISAN cumulative transfer = over ₹4.27 lakh crore
- PM-KISAN instalments = 22
- PMFBY premium pattern = 2%, 1.5%, 5%
- PMFBY reporting window = 72 hours
- PMFBY localised-risk reform includes wild-animal attack
- MSP strongest anchor = 13 May 2026
- highest MSP increase = Sunflower seed ₹622/quintal
- PM-AASHA = PSS + PDPS + MIS
- PSS approvals crossed ₹11,698 crore in the late-March 2026 current-affairs sequence
If these 10 facts are secure, your agriculture-policy current-affairs recall becomes much stronger.
References
5 sources • [1] [2] [3] [4] [5]
References
Used for: Anchor source for PM-KISAN cumulative-transfer facts.
Used for: Anchor source for PMFBY localised-risk reforms and reporting rules.
Used for: Anchor source for MSP increase facts and return-over-cost examples.
Used for: Anchor source for the PSS, PDPS, and MIS architecture.
Used for: Anchor source for the current procurement-support scale under PM-AASHA.