At a press conference in Delhi on 6th Ferburary, the All-India Kisan Sangharsh Coordination Committee (AIKSCC) announced its plans to start coordinated week-long protests in 1000 locations across the country. Nearly 200 farmer associations have rejected the Union Budget presented by the Finance Minister on 1st February as “anti-farmer”.
The all-India general secretary of the AIKSCC explained that the budget had failed to fulfil the promises the government had made to farmers. This included giving cost plus 50% minimum support price (MSP), debt waiver, insurance and procurement of crops.
Farmers pointed out that the “cost plus 50%” MSP announced as a big support to the producers was in fact a huge deceit.
“Instead of ensuring that farmers got a comprehensive cost (C2), which includes imputed rent and interest on land and capital, plus 50% profit, Mr. Jaitley announced 50% profit plus actual cost (A2) and imputed value of family labour (FL). Unlike C2, A2+FL does not take into consideration the rent for owned land and interest on fixed capital.” There is a huge difference between Mr. Jaitley’s formula and the Swaminathan formula which it is claiming to implement, they said.
Farmers across the country expressed their discontent and anger at the budget which only reaffirms the orientation of the Indian economy to fulfilling the claims of the international and Indian finance capital and the monopoly capitalists.