Paddy MSP hike is only 15%, not 50%: M S Swaminathan
Noted agricultural scientist M S Swaminathan has said that the market support that farmers need has three integrated components. i) A minimum support
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People interested in welfare of small and marginal farmers must advise them to QUIT farming because they are otherwise doomed in it thanks be to whichever political party is at helm.
The MSP price for Paddy announced by the center today is Rs. 1750/- pqa(Rs 200 more than last year a 12% increase) this implies that the cost for paddy cultivation by the c2+50%c2 method is Rs.1166 pqa. However according to TNAU’ in 2015 itself the cost of paddy cultivation in TN was Rs 1549 pqa this means that by the 1.5C2 formulae the MSP should be about Rs.2400/- (Do note the costs cannot come down since we never had deflation,of course if the government agrees that we have had deflation since 2016 because of which cost has come down now they must say so and take back their CPI and WPI data that they have put in recent past).
To claim this as 150% MS Swaminathan method and historic MSP price is an incorrect claim, well according to governments OWN data. Infact the highest increase in MSP was in 2008-09 of 31% followed by 2012-13 when it was 15% and this is 3rd highest at 12%.
Farmers are in distress and clearly there is nothing we can do so atleast let us be honest and ask them to QUIT farming else they and all their progeny are DOOMED in it.