Sugarcane MSP at Rs 320 in Haryana: Minister

Image
Press Trust of India Chandigarh
Last Updated : Mar 09 2017 | 4:42 AM IST
The Haryana government has fixed the support price of sugarcane crop at Rs 320 for 2016-17, which is the highest in the country, a state minister informed the Assembly today.
Agriculture and Farmers Welfare Minister O P Dhankar was replying to the Calling Attention Notice of INLD MLA Parminder Singh Dhull and three other MLAs during the ongoing budget session of the Assembly here.
Dhankar said that when the market prices of pulses and oilseeds are lower than the MSP, National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) procures the crop at MSP through HAFED.
"Likewise, if the market price of cotton is lower than the MSP, it is purchased by the Indian Cotton Corporation (ICC) at MSP," he said.
The Minister said that the market price of black gram and barley is more than the Minimum Support Price, thus there is no need for intervention by the government.
In addition to this, the state government provides subsidy to farmers through implementation of centrally- sponsored schemes and state schemes. Subsidies are provided on seeds, equipment, fertilizers and pesticides, he added.
He said that Pradhan Mantri Fasal Bima Yojana is being implemented in order to compensate the farmers for their losses due to natural calamities.
"Paddy, cotton, bajra, maize, barley, wheat, mustard and gram crops are covered under the scheme. Apart from this, in cases of natural calamities the State Government provides compensation to the farmers after conducting 'special girdawari' (revenue survey) for loss of crops," he said.
Meanwhile, Leader of Opposition and senior INLD leader Abhay Singh Chautala, while speaking on the Calling Attention Notice, said farmers are suffering from the burden of debt due to non-recovery of cost of produce.
"The prices of everything that the farmer needs for his survival has increased manifold. Support price is not given to the farmers according to cost of production," Chautala said.
Chautala said that INLD members were dis-satisfied with Dhankar's reply after which the main opposition party's legislators staged a brief walkout from the House.
The Congress members also joined them and staged a brief walkout, saying they too were not satisfied with the Agriculture Minister's reply.

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: Mar 09 2017 | 4:42 AM IST

Next Story