Revised MSP doesn’t factor in input cost: Congress

Revised MSP doesn’t factor in input cost: Congress

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NEW DELHI: Congress on Tuesday said the increase in MSP had not lived up to the hype created by the government, adding that the revised procurement prices was too little and calculated without factoring in the input cost of crops.
Addressing reporters, Punjab Congress chief Sunil Jakhar said the Centre should announce revised MSP for crops. “Due to reverse migration of farm labourers, agricultural cost has increased in many states and the government has neglected this factor while announcing the MSP,” he said.
Ahmed Patel said, “If this is going to be the government’s attitude towards farmers, its promise to double farmers’ income by 2022 will end up becoming another ‘jumla’. Forget about profit, this so-called raise in Kharif crops’ MSP won’t even cover their losses and debts.”
Meanwhile, citing the downgrading of the country’s economy by Moody’s, Rahul Gandhi tweeted, “Lack of support to the poor and the MSME sector means the worst is yet to come.”
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