Explainer: India's multi-billion dollar food programme is at the heart of farmers' protests

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Thousands of Indian farmers angered by farm laws that they say threaten their livelihoods have intensified their protests by blocking highways and camping out on the outskirts of the capital Delhi.

Farmers protest against the newly passed farm bills at Singhu border near Delhi, India, December 4, 2020. REUTERS/Anushree Fadnavis

Every year the Indian government spends billions of dollars on buying millions of tonnes of rice and wheat from Punjab and Haryana, and the world’s most expensive food procurement programme has now become the centrepiece of India’s biggest farmers’ protest in years.After calculating the cost of cultivation, the state-run Commission for Agricultural Costs and Prices announces Minimum Support Prices for more than 22 commodities yearly to set a benchmark.

Despite sitting on massive mounds of rice and wheat, the FCI finds it challenging to export as the annual rise in MSPs and its own storage costs make FCI’s rice and wheat more expensive than world prices, making overseas sales uneconomic.

 

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Was this written by Modi himself? More propaganda. If Punjab and Haryana were so well off why the youth is dying to leave? And thousands of farmers committing suicides?

Bizarre: The counterpart to the EU's butter mountains & milk lakes are rice + wheat mountains in Delhi, while large parts of the rural population, esp. 'scheduled' castes + tribes, Muslims & particularly women + girls, are often undernourished.

Farmers protesting in only one state will not affect the entire nation. Farmers in many others states are quite happy with the policy changes. Do not end up giving false reports just because someone is paying you for it

Haha this is Modi doing what’s best for India ! ModiHaiToMumkinHai

ChuckGrassley : amateurs! Let us show you our ethanol scheme......

90% of news about covid and trump

ok

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