- Tag results for MSP
The new umbrella policy 'Pradhan Mantri Annadata Aay SanraksHan Abhiyan' (PM-AASHA) was approved in the Cabinet meeting, headed by Prime Minister Narendra Modi, held here
Mamata's comments come in the backdrop of the Union Cabinet approving a hike in the minimum support price (MSP) for all 14 kharif crops, including paddy, earlier this month.
The recent hike in minimum support prices (MSP) for agriculture commodities, including paddy, by the Centre is likely to trigger food inflation in Kerala.
Swaraj India chief Yogendra Yadav, who was present at the AIKSCC group meeting here, said the farmers' body would hold 400 meetings across the country in the next four months.
Maharashtra, where the BJP faces a possible Congress and NCP coalition and the tantrums of seasonal friend Shiv Sena, is the largest producer of jowar.
Stalin felt that several farmers’ suicides could have been averted had the Centre either made a substantial hike in MSP or waived crop loans.
Noting that while the government decision to hike the MSP of 14 kharif crops is a welcome step to address farmer distress in India, the immediate fallout of the announcement is an inflation impact.
DMK working president MK Stalin criticises Centre over MSP for paddy, wants it hiked to Rs 2,310 per quintal
In a statement, he noted that the Centre made an increase of only Rs.50 each in the MSP during 2014-15 and 2015-16 and the figures for 2016-17 and 2017-18 were Rs. 60 and Rs. 70 respectively.
With no MSP, and in absence of a centralised board, farmers continue to suffer.
Concerned that the BJP will derive political mileage from the MSP hike, the Congress has planned to expose the centre's move through nationwide pressers.
Analysts feel that the actual quantum of benefit of the move will depend on how it would be implemented by the Central and state governments.
Congress communications chief Randeep Surjewala said the MSP hike was misleading as it was less than the promised input cost plus 50 percent by PM Modi in 2014.
Approval to Rs 200 per quintal hike in MSP for paddy a historic betrayal by government: Farmers organisation
The AIKS, in a statement, said that though Modi and the BJP had generated high hopes and got the support of farmers in the 2014 elections they betrayed the peasantry.
Professor MS Swaminathan the Central government's approval to hike in the MSP for Kharif crops was a 'welcome first step in the process of overcoming agrarian crisis.'
Sensex and Nifty posted gains for the second straight session, with consistent buying by domestic institutional investors and encouraging services PMI data for June lifting trading sentiment.