Indian National Congress demands legal MSP guarantee, Swaminathan formula-based MSP, and permanent commission for farm loan waivers ahead of Union Budget.

Ahead of the Union Budget, the Indian National Congress party demanded three key announcements for farm welfare: making MSP (Minimum Support Price) a legal guarantee, fixing MSP based on the Swaminathan formula, and establishing a permanent commission to monitor farm loan waivers. Congress general secretary Jairam Ramesh criticized the Modi government for not raising MSP enough to keep up with inflation and rising agricultural input prices, leading to farmers' debt increase.

July 22, 2024
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