Previous governments ignored demands for MSP hike: Modi
Midnapore (West Bengal), July 16 : Prime Minister Narendra Modi on Monday said previous governments had failed to hike the Minimum Support Prices (MSP) of crops despite farmers' demands and expert panels' recommendations.
"The demand for raising the MSP was placed before every government. Many commissions and committees were formed. But every time it was stalled. Files kept on piling," said the Prime Minister.
"The farmers went on demanding and agitating... but neither the state governments nor those in power in Delhi heard them. After BJP came to power, we have decided to provide MSP at one-and-a-half times of the input costs," Modi told a rally here.
"The hike would empower farmers of West Bengal as well," the Prime Minister said.
The centre recently approved an MSP, providing farmers a profit of 50 per cent or more over "cost of production" for Kharif crops for 2018-19.
"My government is your government and it is a pro-farmer government," he told the famers.
Based on the Costs and Prices (CACP)-fixed input cost, the MSP for paddy was increased by Rs 200 (50.09 per cent) to Rs 1,750 per quintal, while for 'Grade A' paddy, it went up by Rs 180 (51.8 per cent) to Rs 1,770 per quintal.
The Centre also hiked the MSP by 50 per cent for groundnut at Rs 4,890 per quintal, for moong at 6,975 per quintal, for sunflower Rs 5,388 per quintal, for soybean at Rs 3,399 per quintal, for sesame at Rs 6,249 per quintal and for Niger seed at Rs 5,877 per quintal.
He said the MSP for raw jute has also been increased by Rs 200 a quintal for this year.
"When we came to power in 2014, the raw jute price was less than Rs 2,000 a quintal. Now, the same has been increased by over Rs 1,700 a quintal over the last four years. Bengal's jute farmers are benefitted by the increased price," Modi said.
Reiterating Centre's commitment to farmers, Modi said his government was working to double farmers' income by 2022.
Refering to his government's decision to consider bamboo as a grass, Modi said farmers could now produce, cut and sell bamboo, which previously had to be imported.
"Previous governments regarded bamboo as a tree. So, the country's peasants and tribals had no right to cut or sell bamboo. We had to spend thousands of crores on its import. Today, our peasants can produce bamboo on their land, and sell it. Our decision has greatly benefitted the farmers," he said.
Modi said agriculture markets have been integrated through e-NAM (electronic National Agriculture Market), enabling farmers to sell their produce after taking price information on their mobile phones.
"We are working to upgrade around 22,000 gramin haats (rural markets) with requisite infrastructure," he said. "I hope West Bengal will take steps towards reforming the agriculture market," he said.
Criticising the West Bengal government for not setting up a robust cold chain supply, he said the Centre took up the project Operation Greens laying priority on tomato, onions and potato.
Modi also said fishermen could be empowered with "Blue Revolution".
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Watch: Man eats banana artwork he purchased for Rs 52 crore in auction
Hong Kong: Chinese-born cryptocurrency entrepreneur Justin Sun, who made headlines earlier for purchasing a banana taped to a wall — an artwork he bought for $6.2 million (Rs 52.4 crore), has now eaten the fruit.
Standing in front of journalists and influencers gathered at a luxury Hong Kong hotel on Friday, Sun devoured the pricey banana as he called the piece “iconic” and drew parallels between art and cryptocurrency.
“It's much better than other bananas. It's really quite good," Sun said after eating the fruit. Interestingly, each attendee at the event was given a banana and a roll of duct tape as a souvenir.
Sun outbid six competitors during a recent Sotheby’s auction to claim the piece. “This is not just an artwork,” he said earlier. “It represents a cultural phenomenon that bridges the worlds of art, memes, and cryptocurrency community."
While Sun gulped down millions of dollars in a few seconds, the vendor who sold the banana for the auction expressed disappointment over not receiving a substantial amount from the viral artwork. According to a report in The New York Times, the banana was originally sold by Shah Alam, a 74-year-old fruit seller, to the artist.
Although the banana art was intended as satire, Alam remains baffled by how it fetched such an exorbitant price. “Those who bought it, what kind of people are they? Do they not know what a banana is?” he questioned.
许多朋友问我这根香蕉的味道如何。老实说，对于一根有如此故事的香蕉，味道自然和普通香蕉不一样。我品尝出了一种100年前大麦克香蕉的味道。🍌 pic.twitter.com/ddo8pEjatx
— H.E. Justin Sun 🍌 (@justinsuntron) November 29, 2024
