Chouhan announces Rs 1,000 cr fund for farmers

Image
IANS Bhopal
Last Updated : Jun 05 2017 | 9:48 PM IST

In order to help the farmers, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Monday announced a Rs 1,000 crore stabilization fund.

The farmers for the past five days have been on the streets to highlight their demands, including loan waiver and fair price for produce.

Chouhan said, "Due to mass production, the price of a commodity falls and a situation arises where the farmers are likely to face losses. Last year the government bought onions from the farmers when a similar situation arose and this time it has decided to buy onions at Rs 8/kg. To ensure that farmers don't bear losses, a stabilization fund of Rs 1,000 crore will be created."

Chouhan blamed anti-social political elements for the farmers unrest and said they were trying to take advantage of the situation.

Congress state president Arun Yadav hit out at the BJP government, saying: "Congress stands with the farmers, whereas the government is trying to suppress the movement. They have spoken to a bogus organisation named Kisan Sangh and they are arresting the political leaders who are farmers."

Opposition leader Ajay Singh said, "If the situation worsens the Chief Minister will himself be liable for it. He is scared, seeing the farmers' protests. Instead of talking to the farmers directly the Chief Minister is speaking to Bharatiya Janata Party groups and trying to break up the protests."

Singh added: "The Chief Minister is himself responsible for the violent protests by farmers. He has let the situation worsen, and the Kisan Sangh is an organisation that has no approval from the farmers."

--IANS

hindi-shivangi/rn

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 05 2017 | 9:38 PM IST

Next Story