Farmers and businessmen cannot be treated differently: Paswan
New Delhi, July 3: Union Minister Ram Vilas Paswan on Tuesday said there cannot be two different policies for farmers and businessman even as he demanded assured 50 per cent profit for agricultural commodities.
"Nobody knows the production cost of cars and the profit margin by the companies. Farmers cannot decide the production cost of their crops. Farmers should get Minimum Support Price (MSP) of 1.5 times the input cost. It should be neither less nor more," Paswan, the chief of the Lok Janshakti Party, told reporters on the sidelines of National Executive of his party's farmer cell.
He welcomed Prime Minister Narendra Modi's recent announcement of 50 per cent profit to the notified crop produce.
"(A) Policy decision has been taken to double farmers' income and MSP of 1.5 times (the input cost). A committee is working on it (price fixation)," said Paswan, but refused to divulge much about the formula to be used to fix the MSP.
To a query on anticipated impact of higher MSP on inflation, he asked why only this issue was being raised when there was silence on the rising prices of other commodities.
"Is there anything that has not become costly? Be it cars or houses. However, the crop prices have been stagnant in last five years," he said, adding that the government will take care of the expenditure on higher MSP.
Paswan also said that the government was "aware" of the delay in paying claims under crop insurance schemes by private insurance companies.
"We are alert this time," he said.
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Man arrested with Rs 2.54-crore heroin in Mumbai
Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.
The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.
Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.
The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.
Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.
The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.
