Delhi Budget 2019-20: Finance Minister Manish Sisodia allots Rs 100 cr for implementing Swaminathan Report
The recommendations will be launched under the "Mukhya Mantri Kisan Mitra Yojna".
Delhi Finance Minister Manish Sisodia on Tuesday kept Rs 100 for the implementation of the recommendations of the Swaminathan Committee Report in its Budget 2019-20.
"Delhi government will implement the recommendation of the report. Rs 100 crore has been kept for this in the Budget for 2019-20," he said.
Speaking about the plight of the farmers in his speech, Sisodia said: "When the country was ruled by the British, the farmers had not committed suicides. But when the county is heading towards development, the farmers are committing suicide in the 21st century."
Pointing out that the Aam Aadmi Party`s is the first government to implement the recommendations, he said despite being presented in 2006, no government in the county has implemented the Swaminathan Report.
Last week, the Delhi government conceptualised the implementation of recommendations of the report of Swaminathan Committee on farmers after about a month-long discussion with stakeholders.
The recommendations will be launched under the "Mukhya Mantri Kisan Mitra Yojna".
Under the proposed schemes, the minimum support price (MSP) with 50 per cent margin at the cost of production is likely to be Rs 2,616 per quintal for wheat and Rs 2,667 quintal for paddy, an official told IANS.
"The proposed MSP structure is higher than the government of India MSP by Rs 776 per quintal for wheat and Rs 897 per quintal for paddy," he said.
Watch This Zee Business Video
The Development Department has calculated that the government will have to incur an additional liability of Rs 96.38 crore at this MSP.
Sisodia also said that the Delhi government will launch a new scheme "Smart Krishi Yojana", under which the farmers will be provided knowledge of technology for high yielding and high quality variety for agriculture crops, so that farmers can enhance their income.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
IPL Auction 2025 Free Live Streaming: When and where to watch Indian Premier League 2025 mega auction live online, on TV, Mobile Apps, and Laptop?
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
04:00 PM IST