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
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.”