MP offers free use of warehouses for farmers to wait out price slumps

| Feb 13, 2018, 02:38 IST
BHOPAL: Madhya Pradesh chief minister Shivraj Singh Chouhan on Monday announced several sops for farmers on Monday. The state is slated to go to the polls later this year, and the announcement came 12 days before assembly bypolls for two constituencies, Mungaoli and Kolaras.

Of the 23 promises Chouhan made at a ‘kisan sammelan’ here, two stood out — Rs 200/quintal bonus for wheat and paddy and a tweak in the popular Bhavantar Bhugtan Yojana (which cushions farmers against price crashes) to offer farmers free use of warehouses to store crops if they wish to wait out a slump in prices.


He said if farmers didn’t get the minimum support price (MSP) for their produce after four months, the government would purchase their crop under the Bhavantar scheme. “We will give a bonus of Rs 200 per quintal on the procurement price of wheat and paddy for 2017-18 under the CM agriculture productivity scheme. Not only this, the government will procure wheat and paddy at an MSP of Rs 2,000 per quintal.”


Last year, wheat was procured at Rs 1,725 per quintal. Though the chief minister did not reveal the budgetary allocation for the sops, sources said provisions would be made for them in the state budget for 2018-19.


Congress dismissed the promises as “poll gimmickry”. State Congress chief Arun Yadav challenged the CM to announce a timeline for the promises.

Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device. Read more India news in English and other languages.

From the Web

More From The Times of India

From around the web

This App Applies Every Coupon on the Internet to Your Cart..

Honey

Dark Spots? Surgeon Reveals Secret At-Home Fix

Gundry MD

We Tried The HelloFresh Vegetarian Box: Here's What Happened

Popdust for HelloFresh

More from The Times of India

Rain, hailstorm damages crop in MP, farmers distressed

Miss India 2018: Andhra Pradesh Audition Registrations

Kerala, Tamil Nadu outshine NITI Aayog health report