Government increases Kharif PSM amid agricultural unrest | India News
The most popular crop paddy MSP achieved a modest increase of Rs 72 per cwt for the 2021-22 marketing season over the previous year, while the largest absolute increase in MSP over the year previous concerned sesame, a nutritional oilseed, of Rs 452 per quintal, followed by tur and urad dals (Rs 300 per quintal each).
The returns expected from farmers on their production cost will be highest in the case of bajra (85%), followed by urad (65%) and tur (62%). For the rest of the crops, the return to farmers on their production cost is estimated at at least 50%, as has been government policy.
The announcement follows a purchase of Rs 76,000 crore at the end of the Rabi season, which included a direct payment of Rs 26,000 crore to farmers in the Punjab without going through the arthiyas (market intermediaries).
Asked about the possibility of resuming talks with agricultural unions, mainly from Punjab, Haryana and western UP, which are asking for the repeal of agricultural laws and a legal guarantee to the MSP, the minister of Agriculture Narendra Tomar said the government was ready to discuss while adhering to the proposal. to suspend the implementation of laws for 18 months and to discuss all issues by a committee during the period to reach a solution.
The overall increase, approved by Cabinet on Wednesday, is in line with the government’s plan to encourage farmers to switch to coarse grains (nutri-grains), oilseeds and pulses away from water-hungry paddy. . “Concerted efforts have been made in recent years to realign PSMs in favor of oilseeds, pulses and coarse grains to encourage farmers to move to more area under these crops and adopt better technologies and agricultural practices, in order to correct the imbalance between supply and demand, ”Tomar said when announcing the Cabinet decision. During the MSP hike, farm activists said it still wasn’t in line with what farmers were asking for