New Delhi: Raising his voice for farmers once again, BJP MP Varun Gandhi has piloted a private member’s Bill seeking legal guarantee for MSP with a financial outlay of Rs 1 lakh crore.
The Bill titled—The Farmers Right To Guaranteed Minimum Support Price Realisation Of Agri-Produce Bill, 2021—aims at providing legally guaranteed MSP for 22 crops that should be set at a profit margin of 50 per cent over the comprehensive cost of production.
BJP MP Varun Gandhi has submitted the Bill in Parliament, but it is yet to be introduced. MPs can pilot private members’ Bill in their personal capacity irrespective of their party affiliations. Since 1952, only about a dozen private members’ Bills have been passed.
As per Varun Gandhi’s proposed legislation, any farmer realising a price less than the above declared MSP shall be entitled to a compensation equal to the difference in value between price realised and the guaranteed MSP.
It also proposes that payments should be made directly into the accounts of farmers within two days of the transaction.
The protesting farmers have suspended their agitation from the borders of the national capital and started returning home after the Centre assured them of taking back cases, and forming a committee to look into the issue of MSP.