The Price Stabilization Fund Trust was registered on 11th September 2003 as a Public Trust under the Indian Trust Act, 1882 jointly by NABARD and Department of Commerce, Ministry of Commerce & Industry initially for a period of 10 years to implement the Price Stabilization Fund scheme launched by the Department of Commerce to alleviate the hardship faced by the growers of coffee, tea, rubber and tobacco due to continued low prices of these commodities. The Trust was re-registered for a further period of ten years beyond 11/9/2013, i.e. up to 11/9/2023.