Budget: Badal welcomes ‘courageous emphasis on agriculture.” …Linking MSP to cost of production a major step towards acceptance of Swaminthan Formula

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Budget: Badal welcomes ‘courageous emphasis on agriculture.” …Linking MSP to cost of production a major step towards acceptance of Swaminthan Formula

The Voice of Chandigarh News

Photo By T S Bedi
Photo By T S Bedi

Five times former Punjab Chief Minister Sardar Parkash Singh Badal  hailed the Union Budget for 2018-19 ” as farmer friendly and  people -oriented” and said that linking MSP with costs of production, the emphasis on agricultural exports, value addition of farm produce through increased outlay for food processing industry    and  focus on rural economy and development  are the most welcome and unique features of this budget.

Badal congratulated   Prime  Minister Narendra Modi and Finance Minister  Arun Jaitley for courageously introducing a priority-shift in governmental investments into agriculture and rural sectors, especially the commitment to ensure MSPs equal to 1.50 times of the farmers’  costs in investment. This is the first concrete step towards meeting the goal of implemtning the Swaminthan recommendation of ensuring 100 percent profits on farmers costs on production.   “The Budget carries the stamp of Jaitley’s concern for farmers in general and for  Punjab farmers in particular.”

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