With above hundred days left for the national election in which Prime Minister Narendra Modi is likely to seek for another term, BJP-led Modi government has the plan to made a major announcement for farmers, for which PM Modi held a nearly 3-hours meeting at his residence last evening.
Sources claims that PM Modi will discuss on a wide-ranging farm relief plan with BJP Chief Amit Shah, Finance Minister Arun Jaitley, and Agriculture Minister Radha Mohan Singh. As per the Finance Ministry sources, the central government is scheduled to introduce a new set of measures for farmers before the winter sessions’ end on January 5.
The meeting was important as it came days after BJP has lost the Assembly Elections in all three heartland states- Madhya Pradesh, Rajasthan, and Chhattisgarh to Congress, farmers’ anger is considered as a big factor in the defeats.
The results indicating that the farm dispute would be a core issue in the forthcoming 2019 General Elections. Congress made good depending on its campaign promises to waive farm loans almost instantly after taking charge in the three states.
Congress President Rahul Gandhi told media that his party and others would “not let PM Modi sleep or rest” until an all-Indi loan waiver scheme was announced.
Prime Minister Narendra Modi’s new farmer outreach plan is a counter to that challenge, claims the leaders.
It continued that the central government has the plan to go beyond loan waivers. One step is considered is to pay off the farmers the distinct between MSP for crops and the market rate as well. The differential price could be directly credited to the banks of the farmers.
The idea gets inspired by the “bhavantar (price difference) scheme” of the previous Shivraj Singh Chouhan-led BJP government in Madhya Pradesh. Mr. Singh also has reportedly explored the merits of another scheme from Jharkhand to offer a direct fixed subsidy to farmers.
The government is further assessed as an increase in the credit limit in the Kisan Credit Card Scheme.
Months ago, the Cabinet led by Modi government had decided to fix the MSP at 50 percent over the cost of the production. Sources also claim that it will be PM Modi’s second big move for the farmers in the country.