Narendra Modi Government Will Give Subsidy Of Rs 2.97 Lakh Crore On Food | Government will direct MSP from next season, MSP may stop if electronic payment is not implemented

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  • Narendra Modi Government Will Give Subsidy Of Rs 2.97 Lakh Crore On Food

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Mumbai7 minutes ago

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Explain that the farmers of Punjab and Haryana are opposing the three rules of the government at this time. In Punjab and Haryana, payments are still made through factions.

  • Government will give subsidy of Rs 2.97 lakh crore on food in next one and a half months
  • Food subsidy has increased to Rs 4 lakh 22 thousand 618 crore

The central government has taken a big decision for the farmers of Punjab and Haryana. The government has said that the payment of MSP will be done electronically by the next season. If this is not implemented, payment of MSP may be stopped. With this, the government will give a subsidy of Rs 2.97 lakh crore on food in the next one and a half months. This subsidy will be given till the end of this financial year i.e. March 31.

Aim to eliminate all dues

According to the information, the government wants to eliminate all previous dues through this subsidy. The Food Ministry said that along with this, states like Punjab and Haryana will have to pay the minimum price of crops (MSP) to farmers through electronic mode. The Food Ministry has said that this is the reason behind transfer of MSP electronically so that it does not go to the wrong accounts and there is no delay in getting the money to the farmers. The new system will not eliminate the current practice of procurement of crops. That is, the mandis will remain.

Subsidy gets under the National Food Security Act

The government subsidizes food heavily under the National Food Security Act. That is, she gets the grains she sells from farmers at an expensive price and gives them to people at a low price. Under this law, the central government gives 5 kg of wheat and rice to 80 crore people every month. This grain is given at 2 to 3 rupees a kg.

1 lakh 25 thousand crores subsidy given

The government has given a subsidy of 1 lakh 25 thousand 217 crore in this year. While subsidy of Rs 2 lakh 97 thousand 196 crore will be given by the end of March. Out of this, 1.16 lakh crore rupees will be given in the public financial module system. It will be given towards Punjab. While 24 thousand 841 crore rupees will be given towards Haryana.

Food subsidy increased to 4 lakh crore

According to the budget paper presented recently, the food subsidy has increased to Rs 4 lakh 22 thousand 618 crore. This is a revised estimate for 2020-21. The central government has also given free ration to poor migrant laborers. It was given during the corona. This is why the government’s subsidy increased. Food subsidy of Rs 2 lakh 42 thousand 836 crore is estimated for the next financial year.

Middlemen will not be eliminated

The government has said that it has not made any plans to eliminate the middlemen in Punjab, Haryana. Nor is any such order given to the mandis. The government said that electronic payment will ensure that farmers, jobbers and mandis take their payments direct and also maintain transparency. Through this, there is no intention to change the current APMC market.

Electronic payment already implemented for MSP in the country

Electronic payments are already being used to deliver MSP in the country. The government is trying to implement it in Punjab and Haryana from 2015-16. The central government is constantly talking to these two states. But the governments of these two states are still asking for time for direct online payment. The government has now said that there will be no relaxation in its schedule from next season.

Explain that the farmers of Punjab and Haryana are opposing the three rules of the government at this time. In Punjab and Haryana, payments are still made through factions.

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