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Farmers are again empty handed in the budget, no mention of MSP guarantee law, no loan waiver- Rakesh Tikait

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Farmers are again empty handed in the budget, no mention of MSP guarantee law, no loan waiver- Rakesh Tikait


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TezzBuzz Staff by TezzBuzz Staff
July 23, 2024
in International
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Farmers are again empty handed in the budget, no mention of MSP guarantee law, no loan waiver- Rakesh Tikait


Muzaffarnagar. Reacting to the budget, Rakesh Tikait, national spokesperson of Bhakiyu, said that the Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 today, due to which the farmers and working class of the rural environment were sitting with many hopes that the prosperity of rural farm laborers would be announced in the budget released by the government today, but in the budget released by Modi Government 3.0, the farmers again remained empty handed. The total size of the budget released today is Rs 48 lakh crore, out of which only Rs 1.52 lakh crore came in the share of farmers, the strongest axis of the country's economy and giving the country the status of being called an agricultural country.

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It seems that the government has limited 65 percent of the farmers' population to just 3 percent in the budget. This is the biggest discrimination for rural India. The farmer-comra class of the country has been demanding the MSP guarantee law for a fair price of the crop from the government through movements for many years. If there is a guarantee of price at the time of selling the crop, the farmer will increase the productivity himself, but the government does not want to give the status of a guarantee law to MSP, for which there is no provision in this budget. Along with this, there is no provision in the budget for the C2$50 formula, complete loan waiver, abolition of GST from agricultural equipment, electricity law and the demand of giving pension of Rs 10,000 per month to every farmer family.

In the name of increasing productivity, the government wants to bring big corporate companies into farming in the name of seed production. That is why the government has reduced the tax on corporate companies importing into India by 5 percent. This makes it clear that a new plan has been made by the government in this budget to loot the rural environment of the country by giving concessions to the corporates. Today the government is fully helping the corporates to establish their monopoly on the market.

In the budget speech by the Finance Minister, it has been said that funding will be provided to the private sector. This shows that the reshuffling of agricultural research and bringing in climate-resilient seed varieties are the agendas of both foreign lobby groups and big corporations. This budget is just a paper figure for the rural environment, which can never reach the farmers and labourers living in the villages.



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