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Haryana Government urges Centre to replace MSP with 'Profitable Price' to implement recommendation of Swaminathan Commission

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New Delhi, January 13, 2015: Haryana Government today urged the Central Government to replace the ‘Minimum Support Price’ with ‘Profitable Price’ in consonance with the recommendations of the Swaminathan Commission under which the farmers would be given 50 per cent profit over and above the cost of production of the crop.

This was stated by O.P. Dhankar, Haryana Agriculture Minister on Tuesday. He said that after the approval of the Chief Minister,  Manohar Lal Khattar, the State Government has sent a written communication to the Commission for Agricultural Costs and Prices wherein it has been stated that ‘Minimum Support Price for the farmers tends to become the Maximum Support Price, which fails to serve the basic purpose of providing adequate profit to the farmers and without ensuring a minimum lucrative and profitable price to the farmers, required growth level in agriculture in proportion to other sectors of economy, can’t be achieved.

He said that however, if  due to constrains of the resources, it is not feasible to give the increase of 50 per cent in one go, the Central Government might strive for giving 20 per cent increase in the average cost of production of crops in last two years plus 10 per cent profit in the first instance. He said that the ultimate objective is to fully implement the recommendations of the Swaminathan Commission by increasing the profit of the farmers in a phased manner, in coming years. This endeavor would put the agriculture in the country on a path of considerably rapid growth, ascertaining over-all big boost for the economy of the nation.

He said that for Paddy crop, the recommended MSP with the 20 per cent increase in the average cost of production of crops in last two years and 10 per cent increase on the cost is 2193.10 whereas the cost of production per quintal including 20 per cent increase of last two years average cost of production was 1993.72. Similarly, the recommended MSP with 20 per cent increase and 10 per cent increase on the cost of Bajra is 1557.48 and Maize is Rs 2041.57 whereas the cost of production per quintal including 20 per cent increase of last two years average cost of production was Rs 1415.89 and Rs 1853.25 respectively. Likewise, the recommended MSP with 20 per cent increase and 10 per cent increase on the cost is Rs 5367.78 for Cotton crop whereas the cost of production per quintal including 20 per cent increase of last two years average cost of production was Rs 4879.80.

(SK Vyas/Jalandhar)

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Date: 
Tuesday, January 13, 2015

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