'Hike wheat support price’ | india | Hindustan Times
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'Hike wheat support price’

india Updated: Oct 16, 2007 02:18 IST
Sutirtho Patranobis
Sutirtho Patranobis
Hindustan Times
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A farmers’ union on Monday demanded a further hike in the “minimum support price” (MSP) of wheat.

The Bharatiya Kisan Union (BKU) claimed the Rs 250 increase wasn’t adequate and threatened to launch an agitation if the government did not increase the MSP.

Speaking to reporters, BKU’s Punjab president Ajmer Singh Lakhowal said: “We demand the MSP be raised to Rs 1,240 a quintal," Lakhowal said.

Following a recommendation by the Commission for Agricultural Cost and Prices, the government hiked the wheat MSP to Rs 1,000 per quintal from Rs 850 per quintal on October 10.

Lakhowal threatened to launch an all-India agitation, beginning from October 18 in UP, if the government failed to take action. Haryana would join in on December 2 and Punjab on December 4.

Mahendra Singh Tikait, BKU’s national president, said the central government should link MSP with the wholesale price index so farmers get proper rates.

Among the other demands were waiver of all farm loans and an increase in the interest on farm loans from the current 4 per cent.