Uttar Pradesh farmers unhappy with Union Budget 2018

Farmers from Uttar Pradesh have expressed their unhappiness over the Union Budget 2018 that was introduced by Union Finance Minister on Thursday.

Published: 02nd February 2018 03:40 PM  |   Last Updated: 02nd February 2018 03:40 PM   |  A+A-

Image used for representational purpose. (File | EPS)

By ANI

LUCKNOW: Farmers from Uttar Pradesh have expressed their unhappiness over the Union Budget 2018 that was introduced by Union Finance Minister on Thursday.

With agriculture being a key focus in this year's Union Budget, Finance Minister Arun Jaitley has announced a number of schemes and measures that are expected to benefit the agriculture sector, and also help the Centre in realizing their mission to double farmers' income in the near future.

 Although the key focus of this year's Union Budget has been agriculture with the announcement of a number of schemes and measures that are expected to benefit the sector, it has not been appreciated by many.

 "There is no relief to the farmers. They said earlier during Vidhan Sabha elections that they will waiver the loan, but it didn't happen in our village," said Moolchand Swami a farmer from Kanpur.

On a similar note, a farmer from Varanasi has stated that even if the government had hiked the Minimum Support Price (MSP) farmers will be a loss.

"Budget is alright for farmers if we get the right rates for our crops. The government has hiked the MSP  for crops, but still, we will be in loss because the cost of agricultural production is very high, we do not get a return," said Shiv Kumar Singh.

Besides increasing MSP for kharif crops to 1.5 times the production cost. The government has announced a Rs 10,000 crore allocation for fisheries, aquaculture and animal husbandry funds.

The government has also proposed setting up of an agricultural market fund of Rs 2,000 crore as well as launch Operation Green for which a sum of Rs 500 crore will be allocated.

However, agriculture expert M.S. Swaminathan said that increase in MSP will benefit the farmers.

"Budget says that crops for which MSP is not announced, they will have MSP at 1.5 times cost of production. I am happy that after over 10 years that we recommended this formula, the government has accepted it. Better late than never. Farmers will be more happy," M.S. Swaminathan to ANI.

Stay up to date on all the latest Budget 2018 news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

facebook twitter whatsapp