Congress terms Centre's claim of ensuring MSP at 50% more than cost of production another 'jumla'

The Congress on Monday termed the Narendra Modi government's claim of ensuring MSP at '50 percent more than the actual cost of production' to farmers another 'jumla' and accused Finance Minister Arun Jaitley 'blatantly' lying in his budget speech.

PTI March 27, 2018 19:28:09 IST
Congress terms Centre's claim of ensuring MSP at 50% more than cost of production another 'jumla'

New Delhi: The Congress on Monday termed the Narendra Modi government's claim of ensuring MSP at "50 percent more than the actual cost of production" to farmers another "jumla" and accused Finance Minister Arun Jaitley "blatantly" lying in his budget speech.

Congress terms Centres claim of ensuring MSP at 50 more than cost of production another jumla

Representational image. AFP

"In the run-up to 2014 Lok Sabha elections, Prime Minister Narendra Modi and BJP had made a promise to India's farmers of giving ‘Cost + 50 percent' as MSP.

"Shockingly, it filed an affidavit in the Supreme Court stating that farmers can never be given the same for it will lead to market distortion," said Congress spokesperson Abhishek Manu Singhvi.

He said Jaitley "blatantly lied" in his budget speech 2018-19, claiming the government has already given ‘Cost+50 percent' as MSP to farmers and will continue to do so, saying the the report of ‘Commission for Agricultural Costs and Prices' 2018-19 (Rabi Marketing Season), which forms the basis for determination of MSP of wheat, gram etc makes it clear that the government has not given ‘Cost + 50 percent' as MSP in any crop.

"Modi government is also not telling the Parliament that cost of different crops varies in different states. Based on the cost calculated by the government in different states, it is apparent that MSP is lower by 24 percent to 32 percent of the cost of production of the farmers."

The party said that the agricultural exports have repeatedly fallen in four years of Modi government, which led to a fall in market prices for farmers, while agricultural imports have risen manifold.

"It is clear that Modi government sheds crocodile tears for the farmers. Does it not establish a conspiracy on part of the government to benefit the importers/traders?" he asked.

 

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