Farmers' budget will declare MSP in advance, says Rahul Gandhi

Image
Press Trust of India Vanthli (Guj)
Last Updated : Apr 18 2019 | 6:25 PM IST

Congress president Rahul Gandhi said Thursday that Minimum Support Prices (MSP) would also be announced in the separate farmers' budget which his party's manifesto has promised.

Addressing a campaign rally at Vanthli in Junagadh district, he also accused Prime Minister Narendra Modi of applying different rules to the rich and the poor.

"If the Congress comes to power, the country will have two budgets. One will be national budget and another farmers' budget.

"In the farmers' budget we will announce MSP for various crops in advance so that farmers know what they will get. We will (also) announce the amount of insurance (premium) payable (by farmers) and what the would farmers get," he said.

The Modi government was ready to waive loans of rich industrialists but not those of farmers, he said.

"We will not allow formation of two Indias. If we have one flag, then we should have one nation. If Ambani gets justice, farmers should also get justice," Gandhi said.

If big industrialists defaulted on repayment of loan, they are not jailed, but if a poor farmer is unable to pay an instalment, he is put behind bars, the Congress chief said.

Gandhi also claimed that his party's ambitious 'Nyay' minimum income guarantee scheme under which poor families will get Rs 72,000 per year will not harm the economy, but instead help it grow.

"Modi had made a false promise of giving Rs 15 lakh to everyone, but my promise of giving Rs 3.6 lakh (in five years) to poor families is true," Gandhi said.

The BJP has criticised the Nyay scheme in the Congress manifesto saying it would hurt the economy and increase the tax burden of the middle class.

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: Apr 18 2019 | 6:25 PM IST

Next Story