Sanju Verma Profile picture
National Spokesperson of BJPlEconomist MBA FinancelRanked in AsiamoneylEx JPMorgan,Philip Capital&HDFCSecl XavieritelColumnistlBest Selling AuthorlUni of Oxford

Sep 18, 2020, 5 tweets

My thread on historic #FarmBills by @narendramodi govto unshackle farmers from monopolistic #APMCs&give them freedom of price discovery,rebuts flimsy allegations

It also highlights why most farmers' protests are concentrated in Punjab

How Modi broke,the wily #Arhatiya system👇

* govt to

Do #AgricultureBills remove MSP? No!Do Bills remove Procurement by FCI?No

Do #FarmBills tamper with PDS?No

There are 6900 APMCs now,with each #APMC catering to 300-400 villages;The Bills will create new #TradeAreas that will not replace but compete with APMCs,hence the protests

How can single #APMC cater to 300-400 villages?

Farmers had to travel long distances&rely on #Middlemen to sell their produce

Do you know how much,36000 Middlemen in Punjab made as Commissions last yr? 1600 Cr

#AgricultureBills seek to disempower Middlemen,hence the protests💪

MSP under @narendramodi govt
for 2020-21,has been highest ever

#MSP for Paddy is Rs 1868/ quintal
For Wheat,Rs 1925,per quintal
MSP for Cotton,Rs 5515/quintal
For Jowar,Rs 2620/quintal
MSP for Bajra,Rs 2150/quintal

MSP in June 2020 for #Rabi Crops was hiked by a solid 50-109%!

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