Page 69 - Putting Farmers First

MSP payments to farmers increased

multi-fold under the Modi government

Modi government announced MSP hikes based on
the formula that farmers will get at least 1.5 times
the cost of production. This was a promise made
and delivered.

This formula also included factors like family
labour in the cost of production, which is a way of
recognising the work of the whole family rather
than just individual farmers.

The government ensured greater procurement and
greater payments to farmers, ensuring that MSP
hikes did not remain on paper but actually reached
farmers.

The number of purchase centres (Rabi and Kharif)
rose from 48,550 in 2016-17 to 64,515 in 2019-20,
showing that MSP procurement operations are
being significantly strengthened.

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