Allocate ₹5,000 crore to overcome farm crisis: Jeevan Reddy
The Hindu
Senior Congress leader and MLC T. Jeevan Reddy has offered to take care of the present procurement crisis if Chief Minister K. Chandrasekhar Rao is ready to set aside ₹5,000 crore, and he would ensure
Senior Congress leader and MLC T. Jeevan Reddy has offered to take care of the present procurement crisis if Chief Minister K. Chandrasekhar Rao is ready to set aside ₹5,000 crore, and he would ensure farmers of all crops come out of the present crisis safely.
At a press conference here, Mr. Jeevan Reddy said the government should announce some support price to plug the difference between the procurement prices and what the market forces were forcing the farmers to sell at. Even if the entire cultivation in Telangana is taken into account all that government has to spend is ₹10,000 per acre to overcome the difference. And this would not cost more than ₹5,000 crore.
He said KCR seemed to be believing Rythu Bandhu was the panacea for all the ills and he had cheated farmers on farm loan waiver citing Rythu Bandhu. The government doesn’t have any plan on farm loan disbursement. There is no seed subsidy and no plan on interest waiver either.
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