Centre’s MSP hike decision betrayal of promises made to farmers: AIKSCC

By: |
New Delhi | July 14, 2018 8:14 PM

The All India Kisan Sangharsh Coordination Committee (AIKSCC) today termed the Centre's decision to hike the minimum support price for paddy by Rs 200 per quintal a "betrayal" of promises made to the farmers.

he NDA government has raised the paddy MSP between Rs 50-80 per quintal. (IE)

The All India Kisan Sangharsh Coordination Committee (AIKSCC) today termed the Centre’s decision to hike the minimum support price for paddy by Rs 200 per quintal a “betrayal” of promises made to the farmers. The Cabinet Committee on Economic Affairs (CCEA) at its meeting on July 4 approved the MSP of 14 Kharif (summer-sown) crops. MSP for paddy was hiked by a steep Rs 200 per quintal.

The previous highest hike in paddy MSP was Rs 170 a quintal in the 2012-13 crop year. In the last four years, the NDA government has raised the paddy MSP between Rs 50-80 per quintal. “The MSP figures being claimed as the implementation of Swaminathan Commission recommendations is blatant fraud,” a statement from the AIKSCC said.

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 to “expose this fraud”. During the AIKSCC’s working group meeting here, the members decided to stage a ‘black-flag’ demonstration on July 20 and hold a march from Mandi House to Parliament Street over the MSP issue.

Yadav alleged that the BJP-led NDA government’s decision on MSP hike for Kharif crop is based on the formula of A2+Fl that was given by the Manmohan Singh government for Rabi crops and this is entirely different from the demand of C2 costs+50 per cent which was promised by Prime Minister Narendra Modi. “The protest would be against the betrayal of the government towards the farmers,” AIKSCC convener V M Singh said. The AIKSCC said it will observe August 9, the anniversary of the Quit India Movement, as Kisan Mukti Diwas.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Mehul Choksi arrest: India approaches Dominica High Court; seeks to be impleaded as party in case
2Karnataka: Siddaramaiah drops hints on contesting 2023 assembly polls from Badami
3UP Gram Panchayat Elections 2021: Voting underway for vacant posts, result on June 14; all you need to know