BJP MP submits private members’ bill for legal guarantee of MSP

The Bill is yet to be introduced. MPs can pilot private members’ Bill in their personal capacity irrespective of their party affiliations. Since 1952, only about a dozen private members’ bills have been passed

Continuing to back the demands of farmers, BJP MP Varun Gandhi has piloted a private member’s bill seeking legal guarantee of MSP with financial outlay of Rs 1 lakh crore.

The Bill titled—The Farmers Right To Guaranteed Minimum Support Price Realisation Of Agri-Produce Bill, 2021—aims to provide legally guaranteed minimum support price (MSP) for 22 crops that should be set at a profit margin of 50 per cent over the comprehensive cost of production.

The Bill is yet to be introduced. MPs can pilot private members’ Bill in their personal capacity irrespective of their party affiliations. Since 1952, only about a dozen private members’ bills have been passed.

As per Gandhi’s proposed legislation, any farmer realising a price less than the above declared MSP shall be entitled to a compensation equal to the difference in value between price realised and the guaranteed MSP.

It also proposes that payments should be made directly into the accounts of farmers within two days of the transaction. The proposed legislation came a week after the central government had introduced a bill to repeal the contentious three farm laws.

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