Thread by @ramanmann1974

Thread👉The MSP Fallacy

If an M.P asks a question in Parliament regarding #Farmer Income, it is a cast iron rule that @nstomar(#Agri minister) starts his reply with "Govt announces Minimum Support Prices for 22 mandated crops"; what he doesn't say is that only 6% farmers get MSP

@nstomar @Devinder_Sharma @waglenikhil @MonaAmbegaonkar @jayantrld @_YogendraYadav @GauravPandhi @jyotiyadaav @sakshijoshii @vijaita @svaradarajan Mantri Ji mentions "Union Budget 2018 announced to fix the MSP at 1.5 times of the cost of production". What mantri ji forgets to mention is that MSP is still fixed acc to A2+FL cost(input cost+family labour)rather than C2 costs(which include interest on value of land & machines)

@nstomar @Devinder_Sharma @waglenikhil @MonaAmbegaonkar @jayantrld @_YogendraYadav @GauravPandhi @jyotiyadaav @sakshijoshii @vijaita @svaradarajan @ikaveri @t_d_h_nair @sayantanbera @geetv79 @MnshaP @NPDay @mkvenu1 @kayjay34350 @HasibaAmin @RURALINDIA What mantri ji does not tell the parliament that, on account of Govt's refusal to decide MSP on C2 costs(which include interest on value of land & machines), Farmers lose
Rs 613.50/quintal #paddy
Rs 212.50/quintal loss #wheat
Rs 2325/Qt #arhar
Rs 2488/Qt #moong
Rs 1762/Qt #cotton

@nstomar @Devinder_Sharma @waglenikhil @MonaAmbegaonkar @jayantrld @_YogendraYadav @GauravPandhi @jyotiyadaav @sakshijoshii @vijaita @svaradarajan @ikaveri @t_d_h_nair @sayantanbera @geetv79 @MnshaP @NPDay @mkvenu1 @kayjay34350 @HasibaAmin @RURALINDIA @mitalisaran @someshjha7 @mihirssharma @seemay @Memeghnad @NYFarmer @andymukherjee70 @KilaFateh A2=Actual paid out cost(includes all expenses in cash/kind)
A2+FL=Actual paid out cost plus imputed value of family labour
C2=A2+FL+Rental Value of owned land+interest on owned fixed capital

#Swaminathan Report says 50% over C2 but #BJP calculates 50% over A2+FL

No's Juggling

@nstomar @Devinder_Sharma @waglenikhil @MonaAmbegaonkar @jayantrld @_YogendraYadav @GauravPandhi @jyotiyadaav @sakshijoshii @vijaita @svaradarajan @ikaveri @t_d_h_nair @sayantanbera @geetv79 @MnshaP @NPDay @mkvenu1 @kayjay34350 @HasibaAmin @RURALINDIA @mitalisaran @someshjha7 @mihirssharma @seemay @Memeghnad @NYFarmer @andymukherjee70 @KilaFateh @Pawankhera @priyankagandhi @rajeevgowda @DrSarvapriya @capt_amarinder @UmarKhalidJNU @ranjona @fayedsouza #CACP does not take into account the cost involved in maintaining minimum standard of living by the #farmer and his family from the earnings from the #agri produce.

Source-Department of Consumer Affairs reply to Parliamentary Committee 2014

This is the bitter truth. #FarmIncome