Legal guarantee for MSP will make farmers drivers of GDP growth, says Rahul Gandhi

Legal guarantee for MSP will not make Indian farmers a burden on the budget but ensure that they become drivers of GDP growth, Congress leader Rahul Gandhi said on Tuesday as he claimed that "lies" are being spread that the MSP guarantee is not feasible under the government's budget.

In a post in Hindi on X, Gandhi claimed that ever since the Congress resolved to provide legal guarantee for Minimum Support Price (MSP), "Modi's propaganda machinery and media friendly to him have spread a barrage of lies on MSP".

"Lie -- It is not feasible to provide legal guarantee for MSP in the budget of the government of India. Fact -- According to CRISIL, giving MSP to farmers in 2022-23 would have resulted in an additional burden of Rs 21,000 crore on the government, which is only 0.4 per cent of the total budget," Gandhi said in his post.

In a country where bank loans worth Rs 14 lakh crore have been waived and corporate tax exemption of Rs 1.8 lakh crore given, why is even a little expenditure on farmers irking them, he asked.

With the legal guarantee for MSP, investment in agriculture will increase, demand will increase in rural India and farmers will also get confidence in growing different types of crops, which is a guarantee of the country's prosperity, Gandhi argued.

Source : Legal guarantee for MSP will make farmers drivers of GDP growth, says Rahul Gandhi