The Price Stabilisation Fund (PSF) Scheme has been reviewed by various Committee 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-Committees, 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 Rajya Sabha today.

Price Stabilisation Fund reform: MPSF proposed to restructure the scheme and address bottlenecks for beneficiaries. Modified Price Stabilisation Fund (MPSF) Scheme is being formulated to restructure the existing Price Stabilisation Fund (PSF) in order to address operational bottlenecks and make the scheme more beneficiary-friendly, following recommendations of government review committees, and is currently under government consideration.