Instead of "Why UPA did not implement legal guarantee of MSP for 60 years", BJP spokespersons should answer demands for legally guaranteed MSP thus 👇👇
A law making MSPs the legal floor price defies economic logic. The govet sets MSPs for 23 crops, but it is effective only in case of rice and wheat because it buys only these two commodities in sufficiently large quantities.
A law barring purchases of the other 21 crops below MSPs by any private trader will also, immediately, fuel high inflation. Every one percentage point increase in MSPs leads to a 15-basis point (0.15%)increase in inflation.
An MSP mechanism that ignores demand and global prices creates market distort-ions. If it is not profitable for traders to buy at MSPs, then the private sector will exit the markets. In such a scenario, the government cannot be a monopoly buyer.
Mandatory MSPs will render India’s agri- exports non-competitive because the government’s assured prices are way higher than both domestic and international market prices.

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More from @sri9011

6 Dec
The Farm Law Protests mask the Blatant Inequality of Rural Punjab where Dalit farm labour derisively known as seeri are oppressed.

If these poor labour demand any pay increase, they are boycotted by landlords often with collusion of district administration.
When these labourers start demanding pay increments, the landlords rain down on them with majoritarian might. Any collective action is crushed with village-wide “boycotts.”
The boycotted Dalit farm labour of Punjab are unable to procure sauda, the household supplies. Milk becomes out of reach, so does fodder for the precious livestock. They are barred from using the common shamlatland for grazing the paltry cows and goats which they own.
Read 11 tweets
5 Dec
The MSP for soybean (yellow variety), for instance, is fixed at Rs 3,880 a quintal for this year.

At Harda in Madhya Pradesh, an India Today report found farmers selling the produce as high as Rs 4,266 per quintal in the open market.

#FarmLawsSuccessStories
Several soybean farmers in MP sold their crops at an ITC centre on a premium to MSP.

"All farmers have had good margins. The new law will give greater autonomy to farmers. They will get better returns, with no brokers in between.#FarmLawsSucessStories
Farmers at Dewas in Madhya Pradesh sold their soysbean produce has also earned them better remuneration in the open market, over and above the MSP.
#FarmLawsBenefitFarmers
#FarmLawsSuccessStories
Read 13 tweets
3 Dec
So you have been at the forefront of spreading rumours that MSP will be withdrawn since 2018.
By Press Release dated 20.09.2020, Central govt has clarified MSP will not be withdrawn. Still, why are you creating all this ruckus during Corona?
Here is the Press Release dated 20.09.2020 by Modi Govt clarifying that procurement at MSP will continue. This is an assurance by Modi govt in writing. Image
Here is the complete GOI Press Release dated 20.09.2020 clarifying that MSP procurement will continue
pib.gov.in/PressReleasePa…
I have given screenshot of relevant part in above thread. Why are BJP spokespersons not referring to this Press Release in TV debates ?
Read 4 tweets
11 Aug
I took Ayush Kwath Kaada when I had fever recently on Saturday. It caused me to sweat and lowered my temperature.....from 102.5 to 101
Temperature kept fluctuating between 100.5 and 101.5 .Finally at 8.00 pm I had Nilavembu Kudineer and my temp fell to 97.5 by 10.00pm
Ayush Kwath Kaada does help maintain immunity level of the body. If I feel soreness in my throat due to allergy or otherwise, I take the Kaada. It gives immediate relief .
Ayush Kwath Kaada is not meant for serious COVID19 patients who need hospitalisation. One would take Ayush Kwath when healthy to avoid getting infected in the first place.
Read 9 tweets
17 May
The vast universe of MSME feels left out. The 3,00,000 crores would benefit only those MSMEs which already have bank loans. There are MSMEs which never felt a need for loan all these years. They do so for the first time now in very exceptional sources. They feel left out
The only consolation to other MSMEs is that they will get their long overdue bills cleared in the next 45 days. There is not even an assurance from FM that interest will be paid on MSME overdues by government as required by the MSMED Act,2006.
Section 15 of MSME Act,2006 obligates every buyer to pay the bill of a micro or small enterprise supplier within 45.days. Section 16 provides for payment of interest on delayed payment of bills .Rate of interest shall be three fimes the bank rate notified by RBI
Read 7 tweets
1 Feb
UPA brought draft Direct Tax Code in 2009 where it proposed lower tax rates by doing away with exemptions. We know how people reacted to the draft Code. Then the Bill that UPA brought after changes was a poor copy of the Income-Tax Act,1961 and DTC fell through.
Why UPA's efforts failed? They didnt realise that people planned long-term finances and investments based on existing tax laws. So, the resistance came from both individuals and corporates.

Modi Govt has learnt from UPA experience and planned the transition gradually
Corporate tax cuts tarnsition has been planned gradually since 2015. Initially, those companies who dont avail any tax holidays (MSMEs) got tax cuts. Rest of the companies got an option to forego exemptions and pay tax at lower tax rates as transitional regime in 2019
Read 8 tweets

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