The Price Stabilisation Fund (PSF) Scheme has been reviewed by various Committees set up by the Government from time to time, namely, Dr. Pranab Sen Committee, Rangachary Task Force and High Powered Sub-Committee. On the recommendation of these Committee, particularly High Powered Sub-Committee, a Modified Price Stablisation Fund (MPSF) Scheme is being formulated.

The restructured and Modified Price Stabilisation Fund Scheme, addressing the identified bottlenecks of the ongoing Scheme and making it more beneficiary friendly, is under consideration of the Government.

The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. E.M. Sudarsana Natchiappan in Lok Sabha today.

Price Stabilisation Fund reform underway to introduce a beneficiary-friendly Modified Price Stabilisation Fund scheme under government consideration. A restructured Modified Price Stabilisation Fund (MPSF) scheme is being formulated to address identified bottlenecks in the ongoing Price Stabilisation Fund and to make the mechanism more beneficiary friendly; the proposed modifications are under government consideration.