The Farmers Protest has so far generated a loss of ₹70,000 crores. The GST collection data for FY20 says that Punjab contributed only 15,000 crore rupees to the total GST collection, Bihar – one of the poorest states of the country, contributed more than 12,000 crore rupees.
GST is imposed goods consumed by high-end consumers are sold more in the state. Bihar’s GDP is only ₹6.12 lakh crore, contributed almost similar amount despite having per capita income 3 times less than Punjab. Won’t be surprising if Bihar overtakes Punjab in a few years.
Farmers, the backbone of Punjab’s economy, are mere landowners in the state. The majority of the labourers who work on the fields of Punjab are migrants from Bihar, Jharkhand, & UP.

Punjab has around 46%of the money allocated by the Union govt to curb the crop residue burning.
However, instead of a decline, the state actually witnessed a rise of 17% in stubble burning. The state was allocated around ₹800 crore to resolve the grave issue, but much success couldn’t be achieved.
Ideally, groundwater should be available at a depth of 50-60 feet in Punjab.
But guess how much one needs to dig to install a tube well in the state? 200-300 ft!
Punjab also consumes large amounts of urea, a highly subsidised fertiliser & it was among the last states to adopt neem-coated urea. Moreover, the urea purchased by most farmers in Punjab is....
..actually sold to corporates & also smuggled to neighbouring nations as the rate of urea in India is very low.
Out of ₹3 lakh crore of subsidies allocated by the union govt, more than 20% goes to Punjab farmers though the state accounts for just 2% of the country’s farmers.
In Punjab, groundwater extraction for irrigation alone exceeds 90% more than any other state in India. Barring Rajasthan, the most over-exploited blocks in terms of groundwater are located in Punjab. Of the 138 assessed blocks in Punjab, stated in the Dynamic Groundwater...
..Resources Assessment of India – 2017 report, 109 are over-exploited, 2 as critical, 5 as semi-critical, and only 22 as safe.
The total annual groundwater recharge of the state was assessed as 23.93 bcm (billion cubic mts), annual extractable groundwater resource as 21.59 bcm.
Still, annual groundwater extraction was at 35.78 bcm, putting the extraction at 166%, highest for any state in India. Even for Rajasthan, it’s less than 140%.
Modi wanted to make the farmer 'atmanirbhar' in his choice, to choose between APMC, any govt authorised procurement....
...centre or the private sector. Still, the protesters in Delhi ensured that wherever the farmer goes, the middlemen stay the boss. Delhi will have its smog, the farmers will have their middlemen, at least in Punjab.

Punjab needs the private sector more than the MSP to secure...
..its long-term interests. Even though Punjab can claim to be the wheat & paddy basket of India, given of the 310.6 lakh tonnes of paddy procured in 2019-20, 202.5 lakh tonnes were from Punjab, & of 389.5 lakh tonnes of wheat, around 127 lakh tonnes were from the state itself.
The political economy of Punjab is sinking, the social services are in the dire condition, & industries are leaving. Even the farmers of the state are demanding more subsidies instead of a complete overhaul of the politics & the political economy of the state. In such a scenario,
Punjab is setting the worst example for all farmers of the country. In the last few decades, the economy of Punjab has witnessed very little growth, when compared to states like Gujarat, MP, Tamil Nadu or even Haryana.

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More from @SortedEagle

10 Jan
The issue of minimum support price. Let's look at some data from the last 6 months. Remember, the farm ordinances were brought in, in June... so we have a good time period to check what actually happened with the MSP…as opposed to what we are being told could happen sometime... the unforeseeable future. the government actually announced a hike in the MSP of 6 rabi crops this September. The MSP hike ranges from Rs 50 to Rs 300 per quintal… The support price for wheat has been increased by Rs 50 a quintal to Rs 1,975 per quintal this season.
Meanwhile, the barley support price has been increased by Rs 75 per quintal and the revised price will be Rs 1,600. The minimum support price for gram has gone up by Rs 225 and is now Rs 5,100. Lentil MSP has been increased by Rs 300 per quintal to Rs 5,100. Similarly, the MSP...
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8 Dec 20
This is what further cements the beliefs of a thriving nexus between Islamists & Khalistanis, Delhi Police’s Special Cell on Monday arrested 5 suspected terrorists after an encounter in the National Capital’s Shakarpur area. While 2 of that arrested hail from Punjab, 3 others...
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Australian PM Scott Morrison has lashed out at the Chinese govt over a tweet by a Chinese official which shows a fake image of an Australian soldier appearing to kill a child. Zhao Lijian, a spokesperson for China’s foreign ministry had posted a tweet with a caption saying:
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..’The Chinese govt should be totally ashamed of this post. It diminishes them in the world's eyes. I want to make a couple of points about this. Australia is seeking an apology from the Ministry of Foreign Affairs, from the Chinese government, for this outrageous post.
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Against the odds, a journalist managed to create not only a new media platform but also make it viable in double-quick time. This goes against conventional wisdom where we presume that owners know more about the media business than journalists.
Arnab broke that mould and shattered the glass ceiling. This has been done earlier by Prannoy Roy (NTDV) & Rajat Sharma (India TV) & also Raghav Bahl (Network 18), but barring Sharma, the rest went into a financial tailspin. Arnab also gets a cult following because he dares to...
..take up causes that the mainstream thinks are beyond the pale or not “secular” enough. The Lutyens consensus is to avoid taking up any issue that may remotely be pro-Hindu, but will tom-tom anything that is remotely favourable to the victimhood narratives of minorities.
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26 Oct 20
A feat which seemed unimaginable in the past, courtesy the humongous share of Chinese goods in the Indian market, 2020, by all means, is set to change the trend as the tide has finally turned for good. For the first time in decades, India is heading towards a China free Diwali.
According to a report in Financial Express, Chinese companies exporting goods to India may suffer Rs 40,000 crore business loss this Diwali season as the Indian traders’ community gears up to boycott the sale of goods from China.
Confederation of All India Traders (CAIT), the apex body of the traders’ union which represents 4,000 traders’ bodies and more than 7 crore traders across the country has sounded optimistic that a searing blow will be imparted to the Chinese interests.
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26 Oct 20
Abdullah was released in March, later his son Omar and now this Mufti.
Why were Abdullah’s sitting quiet all this time?? Why are they raving and ranting now with Mufti all of a sudden??
Plan B in action to set these rogues right forever??
Listen in....
Read 4 tweets

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