PM Modi says Minimum Support Price and APMC Mandis will continue
Prime Minister Narendra Modi has asserted that the new farm laws will usher in development of the small and marginal farmers in the country. Replying in the Rajya Sabha yesterday to the discussion on the Motion of Thanks on the President’s Address, Modi said, the farm laws aim at fulfilling the aspirations of over 12 crore small and marginal farmers. Highlighting a series of reforms and schemes introduced by the Centre, he said, the NDA Government remains committed to its promise of empowering the poor and farmers. Modi said, by increasing the ambit of Fasal Bima Yojana in 2014, claims worth 90 thousand crore rupees have been settled benefitting small farmers in the country.
He mentioned that nearly one lakh 15 thousand crore rupees have been directly transferred into the accounts of the farmers under the PM-KISAN scheme. The Prime Minister said that the Kisan Rail and Kisan Udan Scheme have been introduced by the government to help farmers reach out to larger and more profitable markets.