A comprehensive farm relief plan by the centre likely soon: Reports

PM Modi had stated in a rally in Himachal Pradesh yesterday that loan waivers alone cannot alleviate the distress among farmers.

Prime Minister Narendra Modi while addressing a rally in Himachal Pradesh yesterday hinted towards a comprehensive farm relief plan envisaged by the centre. PM Modi also took the opportunity to claim that the loan waivers alone cannot completely alleviate the distress among the farmers.

Mounting a fierce attack on Congress, PM Modi said that the election hack of farm loan waivers was used by Congress to mislead the farmers. Articulating his views on the big election bait, for the first time after the BJP’s defeat in the three recent state elections, PM Modi claimed that Congress had made similar promises of farm loan waivers in 2008 but against total farm loans of 6 lac crores, only 60,000 crores were waived off. He also alleged that 35 lacs of the total beneficiaries then had no farmlands or had no farm-related loans, a bog scam even highlighted by the CAG that did not get media coverage because there were already bigger scams being unearthed in other sectors during the UPA rule.

According to a source quoted by the New Indian Express, Modi held a high-level meeting to create a broad plan that would comprehensively address concerns of farmers. Union Finance Minister Arun Jaitley, BJP chief Amit Shah and Agriculture Minister Radha Mohan Singh were present at the meeting. Precedents of successful farm relief models implemented in the past in states like Madhya Pradesh and Jharkhand were discussed. The source claimed that a relief plan can be announced as early as the first week of January 2019.

- Advertisement - - Article resumes -

Another source quoted by the TOI claimed that the government is deliberating on implementing direct benefit transfer(DBT). The government is weighing on executing the direct benefit transfer scheme modelled on the Telangana system. The source also claimed that the cost of the implementation of such a scheme might run into tunes of Rs 1.25 lakh crore which might be shared between the centre and the states.

Another option the government might employ is ‘price deficiency payment’ wherein the government pays the farmer if the price of the crop falls below the MSP. The centre is contemplating over replicating ‘Bhavantar scheme’ to pay the difference between the MSP and the market rate. The NITI Ayog has also reportedly suggested such a scheme.

Each farmer will need to register the crop name and acreage sewn in the nearest APMC Mandi and if the prices fall below the MSP linked price, the difference will be provided to the farmer via direct benefit transfer in Aadhar linked bank account.


Share This Post and Support:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Most read articles recently

Nitin Gadkari at the receiving end: Is there a pattern?

Indian Express has a massive interview of Union Minister Nitin Gadkari in its March 23, 2019 edition.
AM Sheikh Dawood promised of offering 10 litres of free liquor monthly to the families in his constituency on his victory

Independent candidate from Tamil Nadu promises 10 litres of free liquor every month on winning elections

An independent candidate from Tamil Nadu has come up with a strange promise of offering 10 litres of free liquor every month to every family in his constituency

Rahul Gandhi’s lucrative and seemingly clandestine means of income and his links to scam accused FTIL, Unitech

How does Rahul Gandhi earn to buy land and other properties? A mystery we try to unravel

Shunned by the BJP, jilted Shatrughan Sinha goes on a rampage against the party, rumoured to join Congress

Shatrughan Sinha was visibly irked and had a Twitter meltdown after the BJP declared Ravi Shankar Prasad's candidature from Patna Sahib constituency

NC Lok Sabha candidate Akbar Lone begins a rally with ‘Pakistan Zindabad’, says will abuse anyone who abuses Pakistan

Akbar Lone, NC Lok Sabha candidate for Baramulla, said that the country across is a Muslim country and abusing Pakistan would mean he is abusing himself
'Rahul Gandhi is running away from Amethi, not me': Smriti Irani on rumours BJP might field her from Wayanad

‘Rahul Gandhi is running away from Amethi, not me’: Smriti Irani on rumours BJP might field her from Wayanad

Smriti Irani rubbishes rumours that have surfaced about BJP thinking about fielding Smriti Irani from the Wayanad constituency too, to counter Rahul Gandhi. 
Sapna Chaudhary denies rumours of her joining Congress

Embarrassment for Congress: Sapna Chowdhury says she never joined Congress, picture with Priyanka Gandhi old

Denying rumours, Sapna Chaudhary said that the photos in circulation on Internet were old
Owner of AAP propaganda blog agitated when Sushma Swaraj stands up for two underage Hindu girls

AAP propaganda site owner gets angry after India expresses concerns over atrocities against Hindus in Pakistan

Sushma Swaraj's move to seek details of the Incident had agitated quite a few people in Pakistan, including their Information and Broadcasting minister Ch Fawad Hussain, who saw it as an intervention in Pakistan's internal matters.
PM Modi’s blog on Lohia: Opposition parties and their friendly media in damage control mode

PM Modi’s blog on Lohia: Opposition parties and their friendly media in damage control mode

Media chose to cover reactions of opposition leaders rather than Prime Minister Narendra Modi's scathing blog on Ram Manohar Lohia's 110th birth anniversary

After ‘Modi removed your name from voter list’, AAP allegedly calls up people pretending to be radio channel

'Who will you vote for?' People speculate if Aam Aadmi Party call centre is up to new trick again

Latest articles

Connect with us

149,063FansLike
120,645FollowersFollow
31,479SubscribersSubscribe

Don't miss these


Share This Post and Support: