The Government of India set up the Price Stabilisation Fund (PSF) to regulate the prices of agri-horticultural commodities in which financial year?
2014-15
The Price Stabilisation Fund (PSF) is a fund meant to help control the volatile prices of essential agri-horticultural commodities such as onion, potato and pulses, by supporting procurement and buffer-stocking so that both farmers and consumers are protected from sharp price swings.
It was set up in the financial year 2014-15, initially under the Department of Agriculture, Cooperation and Farmers Welfare, and was later transferred to the Department of Consumer Affairs.
Hence, the Price Stabilisation Fund was established in the financial year 2014-15.
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