Farmers and NGOs express discontent over insufficient increase in MSP

Farmers’ unions and NGOs expressed their dissatisfaction with the large increase in The minimum support price (MSP) announced by the government for various crops.

The All-India Kisan Sabha group claimed that the MSP plan announced by the government will in fact lead to losses for the farmers. “For example, according to cost plus 50 per cent, the farmers formula should give a price of EGP 2,707.50 per quintal. Vigju Krishnan, Secretary General of All India Kisan Sabha, said: Business line.

“Similarly, they will lose 1,100 rupees for peanuts, 479 rupees for corn and 1,475.5 rupees for cotton,” he said.

“The government did not take into account the cost of irrigation, fertilizers and labor. He said that the increase in irrigation costs, fertilizer cost, etc. were not taken into account.

Ravi Kaniganti of Rythu Swarajya Vedika, an umbrella organization of NGOs, agricultural scientists and economists, expressed concern about the small increase in the intensive rice program. It is believed that this move by the government indicates an attempt to discourage rice cultivation.

“The sample size is too low and does not reflect the farmer population. The averages taken for family labor and farming cost are too small and do not reflect reality,” he said.

Still, he said, MSP for pulses is encouraging. “But the problem is that there is no marketing or purchasing support for pulses,” he said.

However, Maninder Singh Nayar, founder and CEO of CEF Group, welcomed the increase in MSP. “It will be a great support for the farmers. At present, the government has increased the average intensive production of 23 crops including rice, ragi, mazeh, toor, moong and others. Moong witnessed the highest increase in MSP among all the crops. Besides being a Substantial subsidy to farmers, this move is bound to promote crop diversification.

“The decision will also enhance the country’s food security as farmers will get fair prices for their products,” he said.