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Parkash Singh Badal hails hike in MSP decision in-line with Dr Swaminathan formula

Written by  Nimrat Kaur -- July 04th 2018 05:38 PM
Parkash Singh Badal hails hike in MSP decision in-line with Dr Swaminathan formula

Parkash Singh Badal hails hike in MSP decision in-line with Dr Swaminathan formula

Parkash Singh Badal hails hike in MSP decision in-line with Dr Swaminathan formula

Five time Chief Minister of Punjab Parkash Singh Badal today hailed the decision of the  NDA government to affect a steep hike in  minimum support prices (MSP) for food grains, pulses, oil seeds and cotton to ensure a profit margin of more than fifty per cent on costs of agricultural inputs,  including labour.

He personally congratulated the Prime Minister Narendra Modi on behalf of the Punjab farmers on fulfilling his commitment to farmers to implement the recommendations of Dr Swaminathan on giving farmers a profit of  50 per cent over and above their cost of production.


In his statement here, the former Punjab Chief Minister said that  the bold initiative of the Union government to order this unprecedented hike in MSP of various crops, speaks of the commitment of the NDA government to come to the aid of the farming community in its hour of dire need.

The former Chief Minister said while this  hike amounted to an acceptance in  principle of the recommendations inherent in the Swaminthan formula to give farmers a 50% profit over inputs costs, it would  also go a long way in steering them out of the crisis into which they had fallen while helping the country in fighting  the menace of food shortages of the sixties and the early seventies.

Mr Badal said farmers were the back bone of India’s rise to the status of an economic super power which the country enjoys today. “The PM has done well to farmers that the country has not forgotten their brave and selfless contribution to the nation when it needed it the most”. Mr Badal hoped that the Punjab Chief Minister Captain Amaridner Singh too would find time to thank the Prime Minister for this gesture. It may be recalled that the the Akali leaders had pressed for higher MSP of crops to help the farmers in  the crisis being faced by them when the  BJP president Amit Shah had met  the Akali High Command during his visit to Chandigarh last month.

The Akali leaders had discussed the issue in depth and briefed Shri Amit Shah on how Punjab farmers were suffering due to the Congress government’s refusal to implement the Rs 90,000 crore farm loan waiver promised to them.

The issue was taken up with the Prime Minister when an SAD delegation called upon him to thank him for waiving GST on langar in gurdwaras as well as all other religious and charitable institutions. Union food processing minister had also taken up this issue at the highest level. -PTC News

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