These suggestions were made during a discussion on a private member's resolution moved by Raju Shetti (Swabhimani Paksha) on ending crisis in the farm sector.
Initiating the discussion, Shetti suggested that government should review and revise the procedure for computing the Minimum Support Price (MSP) of agriculture produce including wheat and paddy.
The process of computing support prices was skewed and against the interest of farmers, he said, adding government should immediately announce enhanced MSPs.
"Government should immediately implement recommendations of the Swaminathan Commission and take effective steps to discourage flow of people from Bharat (villages) to India (urban centres)," he said.
The Commission, which submitted its report in 2006, had recommended, among other things, that the MSP should be at least 50 per cent more than the weighted average cost of production.
Shetti regretted that the previous UPA government had not done anything to improve the plight of farmers and pointed out that despite its much-touted loan waiver scheme, over 70,000 farmers had committed suicide during 2008-12.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
