Union Minister Parshottam Rupala claimed that the Modi government has been working "for doubling the income of the farmers" adding, "Rs Rs 2,16,000 Crore has already been given to them in the past eight years".
Union Agriculture Minister Narendra Singh Tomar on Wednesday hit back at those propagating "misinformation" about MSP with the emergence of the new farm laws. Tomar said that the rate of MSP and procurement of crops was increasing continuously after the implementation of the new farm laws.
The government Wednesday announced MSP for paddy of both grades which have been increased by Rs 72 per quintal, jowar by Rs 118, bajra by Rs 100, ragi by Rs 82, and arhar and urad by Rs 300 per quintal from previous year.
Briefing reporters after the Cabinet meeting, Narendra Singh Tomar again dispelled apprehensions about MSP saying, "MSP (on farm crops) is there, is being hiked and will continue in future as well".
Prime Minister Narendra Modi on Monday hailed the decision of hike in the Minimum Support Price (MSP) of six rabi crops including wheat and gram as "historic", saying it will empower farmers and contribute to doubling of their income.
The Food Ministry has created a buffer stock of 'arhar' ('tur' or pigeon pea) of 14 lakh tonnes while National Agricultural Cooperative Marketing Federation (NAFED) has 20 lakh tonnes.
PM Modi's 'Kisan Kalyan Rally' comes days after the BJP-led NDA government decided to increase MSP of Kharif crops for 2018-19.
Last week, Prime Minister Narendra Modi had announced that the Cabinet will approve the increase in MSP to at least 1.5 times of the production cost in the forthcoming meeting.
Mumbai: Attributing high food inflation to rising rural wages and administered food prices, Reserve Bank Governor Rahguram Rajan today called for slower pace of increase in minimum support prices of foodgrains.He also said the Agriculture
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