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Chugh hails wheat, barley MSP hike,Says it underlines Centre's commitment to MSP system


Chandigarh, (Gurpreet) BJP national general secretary Tarun Chugh today welcomed the Centre's decision to increase the MSP of wheat, barley and other crops and said it reflected Prime Minister Narendra Modi's commitment to stand by the MSP system and help farmers double their income.

In a statement, Chugh slammed the "misleading and deceptive propaganda" by some vested interests on the issue of the MSP to beguile the farmers.

He said right from day one the Modi government had expressed its commitment to stand by the MSP system and has increased the MSP of all crops from time to time besides making sure that the remunerations were transferred directly to the farmers' accounts.

He welcomed the Centre's decision to increase the MSP for sunflower by Rs 114 per quintal to Rs 5,441, and that for wheat and barley a hike by Rs 40 and Rs 35 per quintal, respectively. The MSP for wheat will be Rs 2,015 per quintal and Rs 1,635 for one quintal of barley.

He said the increase in MSP for rabi crops for RMS 2022-23 was in line with the Centre's commitment of fixing the MSPs at a level of at least 1.5 times of the all-India weighted average cost of production, aiming a reasonably fair remuneration for the farmers.

The expected returns to farmers over their cost of production were estimated to be highest in the case of wheat and rapeseed and mustard at 100 per cent each, followed by lentil at 79 per cent, gram at 74 per cent; barley at 60 per cent and safflower at 50 per cent, Chugh added.

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