Housing and Urban Affairs Minister Hardeep Singh Puri has said that the amount spent on procurement at Minimum Support Price, MSP went up by 85 per cent in 2014 to 19 as compared to 2009 to 14. He said, Prime Minister Narendra Modi has implemented the recommendations of the Swaminathan Committee to increase MSP to 1.5 times the cost of production.
Mr Puri said, that over Rs 1,10,000 crore have been transferred directly to the accounts of farmers through the PM Kisan Yojana and Rs 87,000 crore paid as crop insurance to farmers till date.
The Minister highlighted that leading agricultural economists have also recommended these three farm reforms, allowing our farmers to sell their produce in the open market. He stressed that the government has repeatedly requested the farmers to talk and help resolve any of their concerns.
He added that States will be allowed to impose taxes on the mandis and even though the government has made time-bound dispute resolution mechanisms. He said, the government has also agreed to give access to civil courts in case of disputes.
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