Congress promises to bring law guaranteeing MSP for various crops if I.N.D.I.A bloc voted to power – India TV

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Congress promises to bring law guaranteeing MSP for various crops if I.N.D.I.A bloc voted to power – India TV


Image Source : PTI/FILE Congress president Mallikarjun Kharge (L) together with senior celebration chief Rahul Gandhi.

In a big improvement, Congress president Mallikarjun Kharge, together with senior chief Rahul Gandhi made a notable announcement on Tuesday. They declared that the I.N.D.I.A bloc would bring a laws making certain Minimum Support Price (MSP) for various crops, if the Opposition alliance is voted to power within the upcoming Lok Sabha elections. Notably, that is the lengthy pending demand of the farmers throughout the nation.

The assurance to implement a law safeguarding MSP for various agricultural produce comes as an important promise from the Congress management. Kharge emphasised the celebration’s dedication to addressing the issues and welfare of farmers, highlighting the important function they play within the nation’s financial system.

What did Rahul Gandhi say? 

Taking to ‘X’, Rahul Gandhi mentioned immediately is the “historic day for farmer brothers.” “Congress has decided to give a legal guarantee of MSP to every farmer on crops as per Swaminathan Commission. This step will change the lives of 15 crore farmer families by ensuring their prosperity,” he posted. “This is the primary assure of Congress on the trail of Nyay (justice), the publish additional added. 

What is Minimum Support Price (MSP)? 

The Minimum Support Price (MSP) is a type of market intervention by the Government of India to protect agricultural producers from vital drops in farm costs. Announced on the onset of the sowing season for particular crops, these minimal assist costs are decided based mostly on suggestions from the Commission for Agricultural Costs and Prices (CACP). The main goal of the MSP is to make sure that farmers are protected towards steep declines in costs throughout years of bumper manufacturing.

Through the MSP mechanism, the federal government goals to obtain a number of key aims. Firstly, it seeks to protect farmers from the antagonistic results of misery gross sales, thereby offering them with a security internet towards market volatility. Additionally, the procurement of meals grains at MSP charges facilitates the buildup of shares for public distribution, thereby contributing to meals safety initiatives.

In cases the place the market worth for a selected commodity falls under the introduced minimal worth, usually due to extra manufacturing and oversupply, authorities companies step in to buy your entire amount provided by farmers on the established minimal worth. This intervention serves to stabilize costs and mitigate the antagonistic impacts of market fluctuations on farmers’ incomes.

Farmers protest 2024

As farmers in giant numbers marched in direction of the nationwide capital on Tuesday, the police fired tear fuel on the protestors on the Punjab-Haryana Shambhu Border. The police additionally deployed concrete slabs, iron nails, barricades, barbed wires, and police and paramilitary personnel at Kurukshetra in Haryana in view of the ‘Delhi Chalo’ march by the farmers. 

The protesting farmers have offered an inventory of 12 calls for to the central authorities. According to the protesting farmers, the centre promised them higher crop costs after which they ended the 2021 protest.  At the forefront of their calls for is the enactment of a law guaranteeing a Minimum Support Price (MSP) for all crops, a measure advocated by the Swaminathan Commission report.

In addition to MSP assurance, the farmers are calling for a complete debt waiver programme and the institution of a pension scheme for each farmers and farm labourers. Furthermore, they’re vehemently opposing the Electricity Amendment Bill 2020 and are urging for the reinstatement of the Land Acquisition Act of 2013. This reinstatement would entail provisions making certain farmers’ consent and compensation set at 4 instances the collector charge.

ALSO READ: Farmers Protest LIVE: Four farmers taken into custody from Ghazipur border, Delhi Metro points advisory





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