Jalandhar, June 2 -- The Samyukt Kisan Morcha (SKM) has condemned the minimum support price (MSP) that was announced for 14 crops for the current kharif season by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on May 28. The government has increased the paddy rate to Rs.2,369 per quintal (100 kg) from last year's Rs.2,300.
In a statement, the SKM mentioned, "The MSP is not based on Swaminathan Commission's recommendation of C2+50% formula. Had it been implemented, the paddy MSP should have been Rs.3,135 per quintal. The average production in India for paddy is 25-30 quintals per acre and the loss due to non-implementation of Swaminathan Commission's recommendation for farmers on one-acre produc...
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