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‘MSP increase for farmers is like applying band-aid to a haemorrhage’: Rahul Gandhi takes a jibe at PM Modi

Comparing Modi government’s MSP hike to Karnataka govt’s farm loan waiver, the Congress president said that the central government’s decision was mere “marketing” while Kumaraswamy government’s decision exemplified “action”.

Edited by: India TV News Desk, New Delhi [ Updated: July 06, 2018 21:09 IST ]

Rahul Gandhi- File pic

Taking a dig at Prime Minister Narendra Modi for his government’s decision to increase Minimum Support Price (MSP) for Kharif crops, Congress president Rahul Gandhi on Friday said that it was like applying band-aid to a "massive haemorrhage".

Comparing Modi government’s MSP hike to Karnataka govt’s farm loan waiver, the Congress president said that the central government’s decision was mere “marketing” while Kumaraswamy government’s decision was an example of “action”.

Gandhi described the Karnataka government's initiative an "action" that will help farmers to the tune of Rs 34,000 crore against Modi's Rs 15,000 crore budgeted for India's 120 million farmers. 

"PM's grand MSP increase is budgeted at just 15,000 crore for India's 120 million farmers; which is like applying a Band-Aid to a massive haemorrhage,” Rahul Gandhi tweeted. 

"To put this MSP increase in perspective: in Karnataka, we've waived small farmer loans of over 34,000 crore! Marketing Vs Action," he added.

The Karnataka government on Thursday announced a farm loan waiver of Rs 34,000 crore for farmers of the state. 

The Modi government had on Wednesday announced a Rs 200 hike in MSP for paddy.

 

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