City
Epaper

Adopt scientific approach to fixing MSP for all crops: Sukhbir Badal

By IANS | Updated: June 20, 2024 21:10 IST

Chandigarh, June 20 Shiromani Akali Dal (SAD) President Sukhbir Badal on Thursday called for adopting a scientific approach ...

Open in App

Chandigarh, June 20 Shiromani Akali Dal (SAD) President Sukhbir Badal on Thursday called for adopting a scientific approach towards fixing the minimum support price (MSP) for all crops, even as he asserted the marginal increase in the MSP for paddy by Rs 117 per quintal did not take into account the comprehensive cost plus 50 per cent profit as mandated by the Union government and the Swaminathan Commission.

He also noted that though the MSPs for both moong and maize had been increased, no mechanism was in place to procure these crops on MSP.

"Farmers in Punjab as well as elsewhere in the country have been left to the mercy of private players because the Union government is not procuring these crops from MSP. In case of Punjab, farmers bore huge losses after their sowed moong over a huge area following an appeal by Chief Minister Bhagwant Mann the same would be procured on MSP, but the government reneged on its promise."

Speaking about the manner in which the MSP for paddy had been increased, Badal said: "The entire process of calculation of the comprehensive cost (C-2), including the imputed cost of the land and its rent value should be put in public domain. Farmers rightly feel that they are being short-changed and that if the C-2 cost is not calculated accurately then they will not get the justified MSP as 50 per cent profit is to be calculated on the C-2 figure."

He advocated that a committee be formed to calculate the C-2 plus 50 per cent profit figure for all 14 kharif costs and that this committee should include farmer representatives.

"If this committee is formed immediately and given a timeframe to submit its recommendations, then the MSP for all kharif crops can be revised appropriately," he added.

Making a strong case for calculating the true cost of production accurately, Badal said: "Till this is not done the agriculture sector will continue to face an economic crisis and the Prime Minister's stated objective of doubling farmer incomes by the end of this year will not be achieved."

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalJaishankar meets Singapore's counterpart Vivian Bala, says "Singapore is at heart of India's Act East Policy"

BusinessIPL valuation hits $18.5 bn, up 12.9%, fueled by media rights, sponsors, and fan engagement

EntertainmentArjun Rampal on Dhurandhar First Look: "I Hugged Aditya Dhar After the Audience's Response"

InternationalMP: Nepal Embassy and PHDCCI India-Nepal Centre organised 'Economic Cooperation Meet' in Bhopal

Entertainment1 Year of Sarfira: Looking Back at Radhikka Madan’s Most Fearless Choice

National Realted Stories

NationalViral Video: BJP Leader Rahul Balmiki Caught in Obscene Act with Woman at Cremation Ground in Bulandshahr

NationalDelhi’s Radisson Blu Hotel Catches Fire at Midnight as Sauna Room Engulfed in Flames (Watch Video)

NationalMangaluru: Two Workers Die After Inhaling Toxic Gas During Routine Inspection at MRPL

NationalTwo-day police conference in Jaipur to check human trafficking

NationalCongress flags five key objections to Special Intensive Revision in Bihar