Shiromani Akali Dal chief Sukhbir Singh Badal on Monday rejected the Centre’s hike of Rs 50 per quintal within the minimal assist value of wheat by the Centre.
Mr Badal described the hike as “completely insufficient”, saying this got here as a “enormous disappointment” to the farmers who’re already battling “unremunerative costs” of their produce.
For different crops, the minimal assist costs introduced by the Centre is “meaningless” within the absence of assured procurement of these crops, the SAD chief stated in a press release.
He stated the rise in MSPs wouldn’t even cowl the elevated prices of inputs, together with diesel.
The Centre on Monday hiked the MSP for purchasing six rabi crops, together with wheat, by as much as six per cent.
The MSP of wheat has been hiked by Rs 50 to Rs 1,975 per quintal. The MSPs of lentil (masoor), gram, barley, safflower and mustard/rapeseed have additionally been elevated.