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Implement Swaminathan Formula For MSP

Bhubaneswar: The State Cabinet today resolved to move the Union Government retreating its earlier stand requesting to implement the recommendations of the MS Swaminathan Committee regarding MSP of all crops for doubling the farmers income in the interest of farmers.

Cabinet chaired by Chief Minister Naveen Patnaik has approved the proposal presented by Department of Agriculture and Farmers’ Empowerment.

Government of Odisha has been dedicatedly working towards development of farmers and is committed to the doubling of farmers’ income.

All Government policies and programs, including the new Agricultural Policy 2020 SAMRUDHI, are aimed at achieving rapid Agricultural Growth through improved profitability inclusivity and sustainability.

!n this context, the State Government considers that the Minimum Support Price (MSP) is an important tool for income generation of the farmers.

The income of farmers needs to keep pace with the growth of income in other sectors and the rise in the costs of cultivation.

The Minimum Support Price (MSP) of any agricultural produce has to be fixed in a holistic manner so as to make farming operations profitable and to safeguard the farmers against all types of risks.

The Odisha Legislative Assembly has earlier passed unanimous resolutions in this regard in 2017 and again in 2018.

The M.S. Swaminathan chaired National Commission on Farmers had recommended that “MSP should be at least 50% more than the weighted average cost of production”.

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